The European Commission announced this Thursday that Portugal will receive 1,634 million euros more in subsidies from the Recovery and Resilience Plan (PRR) than previously planned, due to the variation in GDP.
In the case of Portugal, the new maximum amount available for grants will be 15,544,449 euros, ”says the European Commission in a statement released today, indicating that this represents an increase under the Recovery and Resilience Mechanism (MRR) of 1,634 million of euros. .
Brussels published the updated breakdown of MRR grants among Member States, as provided for in the regulations.
The update takes into account the difference between the real GDP growth estimated in the Autumn 2020 Economic Forecast, which, at the time of the adoption of the Regulation, was the most recent economic forecast available, and the actual data provided by Eurostat.
According to the European Commission, the update will result in some changes to the MRR grants available to member states and, in order to “come into force, the modifications must be reflected in an updated implementing decision of the Council for the affected Member States”.
Source: Observadora
