Government: Financial support news in Portugal

Applications for support for homes affected by the storms end today

Bad weather. Accountants prepare template to assist companies with support requests

Families and businesses with tax debts excluded from state financial support to recover assets destroyed by the storm

With photographs and without inspection: support for house reconstruction up to five thousand euros with flexibility

Madeira government channels 2 million euros to support middle-class families

Candidate families cannot have an annual gross income exceeding 35,688 euros.

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Municipalities affected by severe weather to receive exceptional financial support

Financial measures were approved this Thursday in Parliament with the abstention of the PCP.

Seguro promulgates extension of credit moratorium, but calls for “special attention” to regulation

The President of the Republic has promulgated the Government decree extending the credit moratorium for companies, families, and social institutions affected by winter storms by 12 months, warning that he will be monitoring its regulation. In a note published on the official website of the Presidency of the Republic, it is stated that António José Seguro “is mindful of...

“Excessive levels of fraud” identified in applications for storm support

In a week where reports have highlighted the number of families and businesses still waiting (in some cases, apparently desperately) for much-needed financial support as a result of last winter’s The post “Excessive levels of fraud” identified in applications for storm support appeared first on Portugal Resident.

Agricultural holdings affected by storms to receive 50% non-repayable support

Modernisation projects for agricultural activities affected by storms, flooding, and flash floods will be eligible for non-repayable support covering half of the investment made, up to a maximum of 1.2 million euros. The call for applications was published this Monday through the Financial Instrument for Innovation and Competitiveness (IFIC), managed by the Banco de Fomento.

Seven out of ten applications for support for returning emigrants approved

Of the support recipients, 55% are men and 45% are women, with 42% aged between 35 and 44.

Home renovations: Lisbon and Tagus Valley has already validated 3.5 million

The Coordination and Development Commission highlights that support worth 3.49 million euros has been validated, corresponding to 1,002 support requests from families with homes affected by the bad weather.

Kristin was two months ago, but support will take three more. "The money is taking too long to arrive"

The Government aims to conclude the financial support processes for homes affected by storm Kristin by June 30, the Minister of Economy and Territorial Cohesion stated in Pombal this Saturday. Manuel Castro Almeida acknowledged that there is a significant delay. “We have concluded that for citizens with damaged homes, unfortunately, the money is...”

"Unfortunately, the money is taking a while to arrive". Government admits delays in storm support

The Minister of Economy and Territorial Cohesion admits there are delays in support for people who lost homes and belongings in the storms. Manuel Castro Almeida met with mayors and business owners in Pombal to take stock and guarantees that there is money for companies. As for citizens, the scenario is different.

"Money is taking too long to arrive". Government acknowledges delays in support after bad weather

Residents and business owners are trying to return to normality, but many are still awaiting responses from insurance companies and remain unsure when they will receive government support. The Minister of Economy acknowledges that the process is taking too long.

Kristin: Leiria municipality strengthens promotion of support measures

The Leiria City Council is creating new financial control and promotion mechanisms in response to Storm Kristin, after the Socialist Party (PS) rejected a similar proposal from the Social Democratic Party (PSD) in March.

Payment of debts to the State in instalments ensures access to moratoriums and other support

The Minister of Finance challenges companies and families with debts to request an instalment plan to access support from the storm Kristin.

Montepio CEO highlights the speed of financial support for people and businesses affected by storms

The CEO of Banco Montepio, Pedro Leitão, emphasizes the quick provision of financial support for individuals and companies impacted by the storms.

Families and businesses with tax debts excluded from state financial support to recover assets destroyed by the storm

Debts from vehicle tax and motorway tolls prevent access to support. Beneficiaries can only access public aid if they do not have debts to the tax authorities and social security.

Support for house reconstruction up to 5,000 euros without inspection

Support will cover expenses incurred in works for permanent own housing, as well as for “temporary relocation expenses”. Local authorities will be responsible for estimating costs.