Tue. Jul 16th, 2024

Brussels, 27 April 2023

The European Commission has approved, under EU State aid rules, an amendment to Portugal’s map for granting regional aid from 1 January 2022 to 31 December 2027, within the framework of the revised regional aid guidelines.

On 8 February 2022, the Commission approved the 2022-2027 regional aid map for Portugal. On 14 December 2022, the Commission approved Portugal’s Territorial Just Transition Plans that identify the territories eligible for support from the Just Transition Fund. The territories are located in regions eligible for aid under Article 107(3)(a) Treaty on the Functioning of the European Union (so-called ‘a’ areas), which allows aid to support the most disadvantaged regions.

In order to further address regional disparities, the amendment to Portugal’s regional aid map approved today enables higher maximum amounts of aid to investments in those territories. The maximum amounts of aid will increase from 30% to 40% of the eligible investment costs in parts of the regions of Norte, Centro and Alentejo.

The non-confidential version of today’s decision will be made available under the case number SA.106697 in the State Aid Register on the Commission’s competition website. New publications of state aid decisions on the internet and in the Official Journal are listed in the Competition Weekly e-News.

Source – EU Commission

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