PRR: Portugal is the first to deliver a plan

in News, World, Economy · 22-04-2021 18:10:00 · 0 Comments

Portugal is the first country in the European Union to deliver the Recovery and Resilience Plan (PRR).

Portugal was expected to submit its plan today or tomorrow.

Spanish press took advantage of Portugal’s president and prime minister being in Andorra, where they participated in the Ibero-American Summit, to ascertain from diplomatic sources that Portugal’s intention is to have a part of the funds available before it completes the presidency of the Council of the European Union before the end of June.

At issue is a value of around 14 billion euros in grants, but to which can be added an amount of 2.3 billion in loans, something that the Government is still analysing.

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