Portugal gets 3 billion euros from EU.

By TPN/Lusa, in News · 02-12-2020 12:00:00 · 9 Comments

Prime minister says money will be earmarked to support unemployed and furloughed workers.

Portugal has received 3 billion euros from the European Union to support economic recovery and save jobs amid the COVID-19 pandemic. Prime Minister António Costa said in a message published on his Twitter account the fund is going to finance measures to support workers who lost their jobs and were put on layoff, as well as independent entrepreneurs hampered by the isolation measures to contain the pandemic. The total amount of loan fund that Portugal will receive from the EU’s SURE programme is 5.9 billion euros.



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Comments:

You need to check the maths mr Martins

By R S De Melo from UK on 04-12-2020 06:12

Maths..10 million times 100 is a billion so 300 euros per person

By Rabi from UK on 04-12-2020 05:50

Paul Martins, I think there’s a small problem with your arithmetic; it actually works out at at 200 € per person... not quite the same!

By laVoyaMel from Lisbon on 04-12-2020 12:52

We need to do what the Brits did and leave the EU. This is a dictactorship organisation without representation that keeps on pumping money to the elites in their respective countries and leaving its citizens to pick up the bill! These 3 billion will go to the pocket of corrupt politicians and the elites, nothing will reach the real economy! We tax payers still need to pay the bill! What’s the point of being in the EU!

By Anna from Madeira on 04-12-2020 01:38

Woe, John....time to change that diaper! All the belly-aching you do about Portugal and its people, yet you're still living there! I guess you're benefiting from the so-called lazy, panhandling, moochers?

By William from Other on 03-12-2020 06:33

Don't know how much really goes to the public

By Dinis from Other on 03-12-2020 05:49

Lazy Portuguese people, as always, panhandling and mooching from the EU. Why don’t they learn to arrive on time, meet deadlines, not be corrupt and work honestly, instead?

By John Doe from Lisbon on 03-12-2020 03:27

Well, this is great news for Portuguese poblic included diaspora and refugees people. But I'm much more upset about unemployment benefit system ... As my experience * República Portuguesa* government makes different laws and rules for pandemic health and standard period unemployment benefits policy . But most of the immigrant communities and refuges inefficient for social benefit becouse of : 1. complicated work contract. 2. Language barrier 3.Poor customer service 4. Time of Pandemic and job crisis etc.

By Binay from Lisbon on 03-12-2020 01:20

Good Evening I hope this finds you all well safe in these difficult times and we thank you for keeping us all up to date with the news. After reading the article I have a question if the government is receiving this from the European community and with the population being the following. The current population of Portugal is 10,184,130 as of Wednesday, December 2, 2020, based on Worldometer elaboration of the latest United Nations data. I would think that depending on the interest rates and the timelines that are needed to be paid back the government could allocate to all of the population the following and still earn on taxes for the future. 10,184,130 x 200,000 = 2,036,826,000 This taken into account that received even more from the European in the billions before this allocation if the government is real and wants to help its people go forth these types of measure need to be thought about not the promises that are empty-handed and promised and nothing comes of it watching everything come crashing down and watching the family's in poverty and those that once stood going the same way while they bail out the firms that have never cared once for the little people but only themselves. We need serious action in a serious world, not Mickey Mouses But solutions that work. I thank you once again and wish you all the Best. Be Safe Be Lucky

By Paul Martins from Algarve on 02-12-2020 08:26
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