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Portugal: EUR 3 billion guarantee schemes for SMEs and mid-caps (COVID-19)

Description

On 22 March 2020, the EU approved a EUR 3 billion (approx. USD 3.2 billion) Portuguese state aid measure composed of four guarantee schemes for SMEs and mid-caps affected by the economic crisis genera...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

22 Mar 2020

Revocation date

31 Dec 2020

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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