Economy
Portugal to face a 33% cut in European funds in 2027 with the end of the PRR and will have to contribute more to the EU
European Union transfers to Portugal are set to decline significantly in 2027. While the 'Portugal 2030' program is expected to provide approximately 5 billion euros, the conclusion of the Recovery and Resilience Plan (PRR) will lead to a 31% reduction in public investment.
Why it matters
This significant drop in European funding suggests a contraction in public investment, which could influence future government spending capacity and infrastructure projects throughout the country.ExpressoRead original ↗
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