HomeEconomyMarcelo "happier" with the implementation of community funds

Marcelo “happier” with the implementation of community funds

The President of the Republic, Marcelo Rebelo de Sousa, speaks at the opening of the conference “State of the Art – Minho in the Portugal of Tomorrow"as part of the anniversary celebrations of the Associação Empresarial do Minho (AEMinho) that take place at Forte Santiago da Barra in Viana do Castelo, on May 26, 2023. HUGO DELGADO/LUSA

The President of the Republic said this Friday that he was “happier” with the execution of the EU funds, but warned that it is necessary to expedite their application since it is a “unique opportunity” given the situation in the world and in Europe.

“I was glad when I saw a number today. That 1,900 million euros reach the final beneficiaries, 30% of the money that we have already received and not the 1,700 million, as a few months ago. I was happier. But it will speed up and it must speed up.”he claimed.

Marcelo Rebelo de Sousa, who was speaking in Viana do Castelo, during the celebrations of the second anniversary of the Minho Business Association (AEMinho), insisted that the community funds made available to the country are “an opportunity that can be unique in view of the changing situation in the world and in Europe”.

“It’s very simple. It’s about, first of all, making the most of these funds,” he stressed, adding that “the purposes of the funds must be shared, explained and assumed,” pointing out examples of the areas of energy transition, which will have access to several billion, and green hydrogen.

“You have to know exactly what is going on. Because not only the funds from the Recovery and Resilience Plan are the 2030 funds (…) Managing the funds well is not an immediate political success for anyone, neither for one nor for the other. It is up to the country to succeed in the medium and long term. So if there are side effects that benefit A, B, C or D, they are side effects. They are not main effects,” he said.

Source: Observadora

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