The European Commission today mobilized €2.46 billion in grants and loans as part of the third and fourth installments of the Recovery and Resilience Plan (PRR), saying there is “a lot of work” to be done to achieve the outstanding performance and targets.
In a statement published this Thursday, the executive director of the community indicates that it has “transferred to Portugal the third and fourth cumulative payments amounting to 2.46 billion euros in the form of non-repayable financial support and loans – excluding pre-financing – under the Recovery and Resilience Mechanism” . which funds the national PRR.
Portugal received these funds after making a third request to Brussels in October last year for the payment of the third and fourth tranches of the subsidy (1.77 billion and 820 million euros), as well as the third and fourth tranches of the loan (360 million and 22 million euros) ) associated with the 47 milestones and goals of its PDP.
In mid-December, the European Commission gave a preliminary green light to Portugal’s request for payment, noting, however, that “this is an important milestone and goal regarding reforms in the health sector, as well as an important milestone related to health reform.” regulated professions were not performed satisfactorily,” recalls this Thursday the institute, which considered that 44 of 47 benchmarks and targets had been achieved.
“The Commission recognized the measures already taken by Portugal to achieve outstanding results and goals, although much work remains to be done,” he emphasizes. Portugal must now, with the additional time granted by the Community Executive, complete these two upcoming stages and tasks.