Prime Minister Luís Montenegro said today that Portugal will carry out all ongoing investments under the Recovery and Resilience Plan (PRR), despite the trail of destruction caused by the passage of Storm Kristin across mainland Portugal.
Prime Minister assures Portugal will implement the Recovery and Resilience Plan (PRR)
Sunday, 1 February 2026RSS
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.
