Covid-19: European Commission approves €20 million Portuguese credit line scheme to support fishery and aquaculture sectors

The European Commission has approved a Portuguese scheme to support the Portuguese fishery and aquaculture sector, through the provision of loans worth up to €20 million at subsidised interest rates to small and medium-sized enterprises struggling with the Covid-19 Pandemic effects.

This credit line scheme will help these companies cover their immediate liquidity needs and continue their activities.

Further information is available here.

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.