Portugal2020

A minister in the Portuguese government is to ask the European Commission to extend its deadline by six months to 30 June, 2026 for consortiums to complete major public works and other [...]

The EU advocate general has 19 active investigations open in Portugal over suspected irregularities involving European Compete funds. According to online new source ECO, the EU organisation has [...]

The President of Portugal’s enterprise association AEP has warned that several companies have left the consortiums leading cutting-edge modernisation and reconstruction projects deemed important [...]

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 [...]

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 Portuguese government will have €10.7Bn at its disposal to help modernise Portugal’s companies and institutions. Some €3.5Bn will come from PT2020, which must be used up by the end of this [...]

The Governor of the Bank of Portugal has called for the urgent application of RRP funds warning that Portugal runs the risk of missing the boat in terms of gaining a competitive edge and [...]