Montenegro announces 600 million support line for companies

Thursday, 2 April 2026RSS
Montenegro announces 600 million support line for companies

Prime Minister Luís Montenegro announced a 600 million euro support line, 'Portugal Energy Resilience', to assist companies where energy costs exceed 20% of production expenses. Funded by the Banco Português de Fomento, the initiative provides state guarantees of 70% for large companies and 80% for SMEs to help manage cash flow and operational needs. During the announcement, marking his two-year anniversary in office, Montenegro stated that the country and its citizens are in a better position than they were two years ago.

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