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This article is brought to you in association with the European Commission. Forest fires: EU mobilises its firefighting fleet to help Portugal Portugal has activated the EU Civil Protection Mechanism to request emergency assistance for the current wildfires in the central part of the country. In an immediate response, the European Commission has mobilised this morning […]
This article is brought to you in association with the European Commission. The European Commission has approved, under EU State aid rules, Portugal’s plans to grant air carrier SATA Air Açores (‘SATA’) restructuring aid for a total amount of €453.25 million. The measure will enable the company to finance its restructuring plan and restore its long-term […]
This article is brought to you in association with the European Commission. How did the Commission assess Portugal’s recovery and resilience plan? The Regulation ensures a transparent assessment on the basis of 11 criteria against the back of the six pillars of the Regulation. The 11 criteria require an assessment of whether: the measures have a […]
This article is brought to you in association with the European Parliament. Ministers are outlining the priorities of the Portuguese Presidency of the Council of the EU to parliamentary committees, in a series of meetings. Portugal holds the Presidency of the Council until the end of June 2021. The first set of hearings takes place between […]
This article is brought to you in association with the European Commission. The European Commission has found four Portuguese guarantee schemes for small and medium-sized enterprises (SMEs) and midcaps affected by the Coronavirus outbreak to be in line with EU State aid rules. The schemes, with a total budget of €3 billion, were approved under the […]
Last week, surprising everybody, Francois Villeroy de Galhau, Governor of the Bank of France and member of European Central Bank’s Governing Council said that the decision to stop ECB’s extraordinarily accommodating monetary measures this year, is premature. So, according to him, the central bank must continue applying its extra relaxed measures well beyond this year. […]
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