Portugal RRP

Eurostat, the statistical office of the European Union (EU), may try and remove the independence from Portugal’s development bank Banco de Fomento (BPF). The bank, which has had a leading role in [...]

Portugal applied for the 3rd and 4th tranches of Recovery and Resilience Plan (RRP) funds on Thursday according to Recuperar Portugal. (Recover Portugal) Recuperar Portugal is a Portuguese [...]

Portugal’s public spending watchdog, the Tribunal de Contas, has flagged up fragilities in its report on Portugal’s execution of the €16Bn Recovery and Resilience Plan and that its application [...]

Funding set aside by the government from the Recovery and Resilience Plan to build 26,000 new houses by 2026 is unlikely to have a takers from developers because of the increase in construction [...]

Portugal’s development bank Banco de Fomento has approved the disbursement of €956.5 million in financing operations on the back of the Capitalisation and Resilience Fund. The CRF fund was [...]

Experts have sounded alarm bells over the “bad management and poor application” of European Union’s NextGenerationEU Recovery and Resilience Plan funds awarded to Portugal and which total some [...]

Portugal’s Recovery and Resilience Plan has so far delivered €2.045Bn for projects by the end of  the week. (12% of the total) According to the latest monitoring report the largest amounts were [...]

The Portuguese government hopes to have signed off on 53 ‘mobilising’ projects which will benefit from EU funds in Portugal’s Recovery and Resilience Plan (RRP). The Secretary of State for the [...]

The president of the Portuguese Agency for Energy has asked Brussels to urgently release new funds from the Recovery and Resilience Fund for energy sector projects. The President of ADENE, Nelson [...]

The Portuguese Government has announced that it will increase the payment of investments from Portugal’s Recovery and Resilience Programme by 10 percentage points to 23% to “boost” the execution [...]