RSSPortugal

Commission approves €40 million Portuguese scheme to support companies affected by the #Coronavirus outbreak in autonomous region of #Madeira

Commission approves €40 million Portuguese scheme to support companies affected by the #Coronavirus outbreak in autonomous region of #Madeira

| June 23, 2020

The European Commission has approved a €40 million Portuguese scheme to support companies affected by the coronavirus outbreak in the autonomous region of Madeira. The scheme was approved under the state aid Temporary Framework adopted by the Commission on 19 March 2020, as amended on 3 April 2020 and on 8 May 2020. The support will take the […]

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Commission approves €1.2 billion Portuguese urgent liquidity support to #TAP

Commission approves €1.2 billion Portuguese urgent liquidity support to #TAP

| June 11, 2020

The European Commission has approved, under EU state aid rules, Portugal’s plans to grant a €1.2 billion rescue loan in favour of Transportes Aéreos Portugueses SGPS S.A. (TAP). The measure will provide TAP with the necessary resources to address its immediate liquidity needs, without unduly distorting competition in the Single Market. Executive Vice President Margrethe Vestager, […]

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Commission approves €140 million Portuguese scheme to support investment in research, development, testing and production of #Coronavirus relevant products

Commission approves €140 million Portuguese scheme to support investment in research, development, testing and production of #Coronavirus relevant products

| April 21, 2020

The European Commission has approved a €140 million Portuguese aid scheme to support investment in research and development (R&D), testing and production of products that are relevant to the coronavirus outbreak, including vaccines, ventilators and personal protective equipment. The scheme was approved under the state aid Temporary Framework adopted by the Commission on 19 March. The […]

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Commission approves €20 million Portuguese credit line scheme to support fishery and aquaculture sector in #Coronavirus outbreak

Commission approves €20 million Portuguese credit line scheme to support fishery and aquaculture sector in #Coronavirus outbreak

| April 15, 2020

The European Commission has approved a Portuguese scheme to support the Portuguese fishery and aquaculture sector in the context of the coronavirus outbreak. The scheme was approved under the state aid Temporary Framework adopted by the Commission on 19 March 2020, as amended on 3 April 2020. The public support will consist in the provision of loans […]

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#Europol – Europe’s second-largest counterfeit currency network on dark web taken down

#Europol – Europe’s second-largest counterfeit currency network on dark web taken down

| September 9, 2019

The Portuguese Judicial Police (Polícia Judiciária) dismantled Europe’s second-largest counterfeit currency network on the dark web with Europol’s support. Five individuals have been arrested and are accused of counterfeiting and organised crime. Counterfeit banknotes were seized across Europe, notably in France, Germany, Spain and Portugal, worth over €1.3 million. Following the investigation, eight domestic and […]

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Commissioner Stylianides visits Portugal, holds Citizens’ Dialogue and inaugurates #EUSavesLives Exhibition in Portimão

Commissioner Stylianides visits Portugal, holds Citizens’ Dialogue and inaugurates #EUSavesLives Exhibition in Portimão

| August 2, 2019

On 1 August, Humanitarian Aid and Crisis Management Commissioner Christos Stylianides (pictured) held a Citizens’ Dialogue on the European civil protection and the importance of rescEU, in Portimão, Portugal and he also visited the Tsunami Early Warning System installed on the coast of Portimão, where he witnessed and discussed the Portuguese efforts on early warning […]

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#Portugal – €68 million cohesion investment to upgrade #MinhoRailwayLine

#Portugal – €68 million cohesion investment to upgrade #MinhoRailwayLine

| August 2, 2019

The Cohesion Fund invests almost €68 million in northern Portugal, to upgrade the 92-km section of the Minho single-track railway line between Nine and Valença, on the Spanish border. The project is part of the Porto-Valença-Spain rail corridor, which plays an important economic role in the region. In addition, the upgrade will improve comfort, safety […]

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