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Global Trade Alert

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Portugal: Turismo de Portugal opens EUR 100 million economic support scheme for tourism undertakings

Description

On 23 February 2021, the Portuguese tourism development institution Garantia Mútua (Garval) took part in the EUR 100 (USD 171) million scheme to provide state loans to support Portuguese SMEs operatin...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

23 Feb 2021

Revocation date

31 Mar 2022

Implementation level

NFI

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

SMEs

Affected Trading Partners

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Affected Sectors

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Affected Products

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