SIC News | COVID-19. Costa announces that Portugal received a tranche of € 3 billion of European funds



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Portugal received a tranche of 3,000 million euros of European funds on Tuesday, within the framework of the SURE program, to help various sectors in the face of the crisis caused by the new coronavirus pandemic, the prime minister announced.

“Today we received the first tranche of the loan granted to #Portugal within the framework of SURE, a European program that supports Member States in their efforts to protect workers and companies. I very much welcome the transfer of these 3 billion euros in European funds, “wrote António Costa in a message published today on the social network Twitter.

“These European funds will finance measures such as ‘dismissal’, support for the self-employed, support for the country and the @SNS Portugal worker bonus,” Costa stressed.

According to the prime minister, “#SURE reflects the solidarity of #UE and its prompt response to the crisis”, which allows “to continue protecting the most affected jobs and workers”.

“We remain determined in the fight against the pandemic and in mitigating its social and economic effects,” said António Costa.

The Minister of Finance, João Leão, signed on October 27 the loan contract for the SURE program, to support employment, for a value of 5.9 billion euros.

On the occasion, the Ministry of Finance pointed out that it is “the European instrument of temporary support to mitigate the risks of unemployment in an emergency situation”, which will allow “the financing of measures to support the maintenance of employment contracts and other expenses related to health at work, in response to the crisis caused by the Covid-19 pandemic ”.

On 15 October, the President of the European Commission, Ursula von der Leyen, said that Portugal “will receive” 5.9 billion euros under the European SURE program “soon”.

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