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Portugal: Introduction of loan guarantee scheme to support trade credit insurance undertakings

Description

On 31 March 2021, the European Commission approved a EUR 500 (USD 551) million loan guarantee scheme from Portugal. The aid will support credit insurers operating in Portugal for the insurance coverag...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

31 Mar 2021

Revocation date

31 Dec 2021

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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