The Minister of Economy and Territorial Cohesion says the gist of Seguro's remarks makes sense, but the Government has an alternative. “The situation is not very pleasant,” admits Manuel Castro Almeida.
Kristin. "Solution will not involve extending the PRR deadline"
Monday, 2 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.
