Eurofound's COVID-19 EU PolicyWatch collates information on the responses of government and social partners to the crisis, as well as gathering examples of company practices aimed at mitigating the social and economic impacts.
Factsheet for case PT-2021-40/1731 – Updated – measures in Portugal
Country | Portugal , applies nationwide |
Time period | Open ended, started on 30 September 2021 |
Type | Legislations or other statutory regulations |
Category |
Supporting businesses to stay afloat
– Access to finance |
Author | Heloisa Perista and Maria da Paz Campos Lima (CESIS) and Eurofound |
Case created | 18 January 2021 (updated 10 May 2021) |
In view of the evolution of the epidemiological and economic situations, the Portuguese Government continues to understand as a priority, in the current context, the following measures:
support for the maintenance of employment; strengthening of mechanisms to support the treasury situation of companies, in particular micro, small and medium-sized companies, which operate in the sectors most affected by the measures reducing social and economic activity, which in recent months have been accentuated; *support for job creation and maintenance; training and qualification.
The Resolution of the Council of Ministers 114/2020 approves (among other measures):
These supports are cumulative with the other measures that have been approved by the Government in recent months to support the economy.
Eligibility conditions: the beneficiary companies have not been subject to insolvency proceedings; do not distribute funds to members; do not effect collective redundancies or extinguish jobs for economic reasons.
The following updates to this measure have been made after it came into effect.
24 March 2021 |
Decree-Law 23-A/2021, of 24 March, amends the scheme that creates the extraordinary support to the progressive resumption of activity in companies in a situation of business crisis with a temporary reduction of the normal working period and the scheme that establishes support mechanisms under the state of emergency. It also creates extraordinary support measures for workers and economic activity in the context of the state of emergency. The following measures were approved:
|
Unknown.
Workers | Businesses | Citizens |
---|---|---|
Does not apply to workers |
Solo-self-employed
Sector specific set of companies SMEs One person or microenterprises Larger corporations |
Does not apply to citizens |
Actors | Funding |
---|---|
National government
|
European Funds
National funds |
Social partners' role in designing the measure and form of involvement:
Trade unions | Employers' organisations | |
---|---|---|
Role | Unknown | Unknown |
Form | Not applicable | Not applicable |
Social partners' role in the implementation, monitoring and assessment phase:
Unknown.
Unknown.
Citation
Eurofound (2021), New measures addressed to businesses and employment, case PT-2021-40/1731 (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.