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Global Trade Alert

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Portugal (Azores): Introduction of a EUR 150 million Portuguese financial grant scheme to support companies

Description

On 16 April 2021, the European Commission approved a EUR 150 (USD 187.5) million financial grant scheme from Portugal. The aid will support companies in the Autonomous Region of the Azores that were b...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

16 Apr 2021

Revocation date

31 Dec 2021

Implementation level

Subnational

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Products

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