The European Commission has released 714 million euros from the Recovery and Resilience Plan, suspended due to non-compliance with targets and objectives.
Source: Freepik
Author: Redaction
Brussels issued this Monday, June 24, a statement indicating the release of the retained value of the third check of the Recovery and Resilience Plan (PRR) attributed to Portugal, in the amount of 714 million euros.
The cheque, suspended due to non-compliance with two marks and a target, has now been released by the European Commission (EC) following the request made by Portugal on 11 June for the release of funds.
"The European Commission issued a positive preliminary assessment on Monday to lift the suspension of the payment of EUR 714 million to Portugal and EUR 37.2 million to Romania (net of pre-financing), after acknowledging the progress made in implementing the respective Recovery and Resilience Plans", the EC states in the issued communiqué.
They add: "this occurs after previous suspensions, in which the Commission concluded that certain milestones and targets had not been met satisfactorily in Portugal’s third and fourth payment requests and in Romania’s second payment request".
Thus, Portugal regains access to funds, something that the Deputy Minister and Territorial Cohesion considers to be "a step in the right direction", although there is still "a long and demanding road ahead".
In its press release after the Commission: "we are now focused on the next stage - the fifth payment request, which will be submitted in July - and we will continue to work intensively so that in 2026 we can say that Portugal has fully implemented the largest package of funds that the country has ever received".
On the suspension and the measures taken by the country to once again ensure compliance with the targets, Manuel Castro Almeida pointed out: "After the initial suspension, Portugal was encouraged to take action over a period of six months. The Commission has now concluded that Portugal has taken steps to ensure that all outstanding milestones and targets have been satisfactorily completed".
The two outstanding milestones concern the creation of integrated centres of responsibility in hospital centres, which entered into force on 1 January, as well as the law on regulated professions, through professional associations, which also entered into force at the beginning of the year.
中文(简体)
Português
English
Français
Español
Deutsch
Nederlands
Русский
