Global Trade Alert
Global Trade Alert

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

Announcement

18 Jun 2024

In June 2024, the European Commission granted a EUR 210 million loan guarantee to the Portuguese Development Bank under the InvestEU scheme. 

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

18 Jun 2024

Revocation date:

No revocation date

Loan guarantee In force

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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