Announcement
04 Aug 2020
In August 2020, the European Commission approved the creation of “Banco Português de Fomento”, a new Portuguese promotional bank, with an initial capital of EUR 276 million.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
04 Aug 2020
Revocation date:
31 Aug 2025
Announced: 04 Aug 2020
State aid, unspecified
On 8 August 2020, the EU approved the creation of a new Portuguese promotional bank, “Banco Português de Fomento” or BPF, with an initial capital of EUR 276 million (approx. USD 326.1 million).
BPF’s ...
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Related State Acts
Announced: 11 Apr 2022
Portugal: EUR 250 million capital increase for Banco Português de Fomento
Announced: 17 Jan 2021
Portugal: Banco Português de Fomento launches COVID-19 support line to support the industry and tourism sectors
Announced: 30 Sep 2020
Portugal: Introduction of an economic support line aimed at helping SMEs face liquidity shortages
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Harmful Trade Policy Measures
This Thread tracks harmful trade policy interventions affecting all products. Covering all types of interventions monitored by Global Trade Alert, it highlights how the yearly number of these measures has evolved over time.
Published: 04 Sep 2024
70627
interventions
194
jurisdictions