Factsheet for case PT-2020-45/1720 – measures in Portugal
|Country||Portugal , applies nationwide|
|Time period||Open ended, started on 05 November 2020|
|Type||Legislations or other statutory regulations|
Supporting businesses to stay afloat
– Direct subsidies (full or partial)
|Author||Heloisa Perista and Maria da Paz Campos Lima (CESIS) and Eurofound|
|Case created||17 January 2021 (updated 20 January 2021)|
The evolution of the pandemic and the social and economic circumstances impose a reinforcement of the instruments to support businesses cash flow, in particular in micro and small companies in the sectors most affected by the restrictive exceptional measures, strongly exporting industrial companies, and companies providing goods and services to cultural, festive, sportive or corporative events. A new set of support measures is approved by the Council of Ministers by the Resolution of Council of Ministers 101/2020.
The Council of Ministers determines to approve the launching, operationalisation and monitoring of:
The costs corresponding to these measures will be supported by European funds. These supports are cumulative with other existing measures.
the companies should have a positive net worth on 31 December 2019; may not distribute funds to the partners; *may not do collective dismissals or terminate jobs by economic reasons.
|Does not apply to workers||
||Does not apply to citizens|
Social partners' role in designing the measure and form of involvement:
|Trade unions||Employers' organisations|
|Form||Not applicable||Not applicable|
Social partners' role in the implementation, monitoring and assessment phase:
Eurofound (2021), Measures to support businesses cash-flow, case PT-2020-45/1720 (measures in Portugal), COVID-19 EU PolicyWatch, Dublin, http://eurofound.link/covid19eupolicywatch
Disclaimer: This information has not been subject to the full Eurofound evaluation, editorial and publication process. All information is preliminary and subject to change.