European Commission approves 8th PRR payment of €1.1 billion

Friday, 23 January 2026RSS
European Commission approves 8th PRR payment of €1.1 billion

The European Commission has approved the eighth disbursement under Portugal's Recovery and Resilience Plan (PRR), amounting to €1.1 billion.

Context & Explainers

The Recovery and Resilience Plan (Plano de Recuperação e Resiliência) is Portugal's national programme under the EU's NextGenerationEU to fund reforms and investments after COVID‑19; the plan includes roughly €16.6 billion in grants plus about €2.7 billion in loans approved in 2021. Payments are tied to specific milestones and targets — which the government said it is politically committed to meet — so missed milestones can delay projects and funding that affect public works, contractors and local services.

View full article on Diário de Notícias

RSS source