Tag: Portugal
#StateAid – Commission approves a €320 million scheme to support biomass energy installations close to forests at risk of fires in #Portugal
The European Commission has approved, under EU state aid rules, a Portuguese scheme to support biomass energy installations located close to forest areas regarded as “critical”, due to the risk of fires. The new installations will produce both electricity and combined heat and power (cogeneration). The measure aims to incentivise forest owners to clean the […]
#StateAid – Commission adopts two decisions recommending taxation of ports in Italy and Spain
The European Commission has proposed, in two separate decisions, that Italy and Spain align their taxation of ports with state aid rules. Cross-border competition plays an important role in the ports sector and the Commission is committed to ensuring a level playing field in this key economic sector. Ports carry out both non-economic (e.g. maritime […]
#BELLA project: A new digital data highway will bring Europe and Latin America closer
The contract to construct a fibre optic cable running under the Atlantic Ocean that will connect Latin America and Europe is now in force. This new transatlantic cable is scheduled to be ready for use in 2020 and will run between Portugal and Brazil. It will provide high broadband connectivity, advancing business, scientific and cultural […]
Commission approves modification of #CohesionPolicy programmes to better suit investment needs of #Portugal
At the request of Portugal, the Commission green-lighted the modification of eleven 2014-2020 Cohesion Policy programmes to shift resources where they are now most needed. €2.7 billion of Cohesion Policy funds will be redirected towards priorities defined by the Portuguese government. In light of solid economic growth, the reprogramming of Portugal’s Cohesion budget will enable […]
#DontBeAMule – More than 1,500 #MoneyMules identified in worldwide #MoneyLaundering sting
Working together with Europol, Eurojust and the European Banking Federation (EBF), police forces from over 20 States arrested 168 people (so far) as part of a coordinated money laundering crackdown, the European Money Mule Action (EMMA). This international swoop, the fourth of its kind, was intended to tackle the issue of ‘money mules’, who […]
#Latvia becomes 19th EU country to join #eHealth co-operation for personalized health care
Latvia has signed the European Declaration on linking genomic databases across borders that aims to improve understanding and prevention of disease and allow for more personalized treatments, in particular for rare diseases, cancer and brain-related diseases. The Declaration is an agreement of co-operation between the countries that want to provide secure and authorized cross-border access to national and […]
#JunckerPlan – €190 million for innovative and social Portuguese businesses
In the context of the 2018 Web Summit in Lisbon and in presence of Commissioner Moedas, the European Investment Bank Group signed two agreements, together worth €190 million, for the launch of two equity funds managed by the firms Vallis Capital Partners and Mustard Seed MAZE. Both funds benefit from the support of the European […]
