“There will be less money from European funds,” Minister

The Minister for Economic Affairs and Territorial Cohesion in Lisbon today warned that Portugal must learn to live with fewer European funds and channel a larger share of the State's investment budget.

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28/08/2026
by

Lusa

“ Portugal has to prepare to dedicate a larger portion of the State Budget [OE] to public investment ", said Castro Almeida, in Lisbon, at the press conference where the execution of the Recovery and Resilience Plan (PRR) was announced 100%.

 

The governor classified as “a fatality” the fact that public investment has lived from European funds, arguing that it is positive for the country to devote a larger share of the OE to this area.

“ There will be less money from European funds,” he insisted.

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