Global Trade Alert
Global Trade Alert

Portugal: EU approves grant and guarantee schemes as response to the COVID-19 pandemic

Announcement

04 Apr 2020

In April 2020, the European Commission approved a Portuguese state aid measure composed of two schemes oriented to support the national economy in face of the COVID-19 pandemic.  

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

04 Apr 2020

Revocation date:

No revocation date

Loan guarantee

On 4 April 2020, the EU approved a Portuguese state aid measure composed of 2 financial schemes, the first one being a loan guarantee scheme for the maximum amount of EUR 13 billion (approx. USD 14 bi...

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Financial grant

On 4 April 2020, the EU approved a Portuguese state aid measure composed of 2 financial schemes, the second one being a direct grant scheme for the maximum amount of EUR 1.6 billion (approx. USD 1.7 b...

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