The European Commission said this Friday, the 13th, that it is debating with Portugal a review of the Recovery and Resilience Plan (PRR) due to the consequences of the bad weather, but indicated that it was unaware of an initiative with the same name using only Portuguese funds.
“We are discussing with Portugal a possible change to its PRR. I cannot reveal any details. It is still under discussion and as soon as this change is presented we will be able to provide more information,” said the community executive’s spokesperson for reforms, Maciej Berestecki.
Already asked about the creation of a Recovery and Resilience Plan exclusively with Portuguese funds, at the European Commission’s daily press conference in Brussels, Maciej Berestecki said he was “not aware of this initiative”.
“Whether or not Portugal can use that name. Well, we’ll see. I don’t think there’s a problem with Portugal using a similar name for its own project, but, I repeat, I don’t have any more information,” he said, in response to Lusa.
The Government has already announced that it will review the PRR to respond to the consequences of the storms that have been affecting the country, as well as creating a Portuguese Recovery and Resilience Program (PTRR), with only national funds, to face such problems.
Sixteen people died in Portugal following the passage of depressions Kristin, Leonardo and Marta, which also caused many hundreds of injuries and displacement.
The total or partial destruction of homes, businesses and equipment, the fall of trees and structures, the closure of roads, schools and transport services, and the cut of energy, water and communications, floods and floods are the main material consequences of the storm.
Total losses are estimated to exceed four billion euros.
The Centro, Lisbon and Vale do Tejo and Alentejo regions are the most affected.
The government extended the calamity situation until Sunday for 68 municipalities and announced support measures of up to R$2.5 billion.
In total, the Portuguese PRR has a value of 22.2 billion euros, with 16.3 billion euros in grants and 5.9 billion euros in loans from the Recovery and Resilience Mechanism.
Currently, the country has already received R$10.41 billion in grants and R$3.39 billion in loans and the plan’s execution rate is 52%.
The Recovery and Resilience Mechanism, which finances the PRR, was created to face the economic consequences of the Covid-19 pandemic and came into force in 2021, with a total of 800 billion euros (at current prices). 650 billion euros are at stake at 2021 prices.

Leave a Reply