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Portugal: European Commission grants EUR 210 million guarantee to BPF under the InvestEU scheme

Description

On 18 June 2024, the European Commission approved a EUR 210 (USD 225) million loan guarantee to the Portuguese Development Bank (Banco Português de Fomento or BPF). BPF will use the additional funding...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

18 Jun 2024

Revocation date

No revocation date

Implementation level

Supranational

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Products

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