EC approves Portuguese aid scheme worth €23bn

The Brussels Times

Belgium, (Brussels Morning Newspaper) The European Commission approved Portugal’s aid scheme worth 23 billion euro to support the country’s social, economic and territorial cohesion.

The money will help Portugal to develop its economy and focus on digital and green transitions, in line with EU priorities, the Commission stressed in a statement on Thursday.

The body added that the scheme will also help Portugal to close the gap in development between urban and rural areas, and between regions, especially with regard to access to essential services.

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