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Portugal raises 37.5 million euros from the European Union Solidarity Fund – O Jornal Económico

The Budget Committee of the European Parliament approved this Monday the allocation of 37.5 million euros from the European Union Solidarity Fund (EUSF) to Portugal as a “response to the serious public health emergency” generated by covid-19.

At stake is an aid package of more than 132.7 million euros “in advance payments [do FSUE] to Germany, Croatia, Spain, Greece, Hungary, Ireland and Portugal, in response to the serious public health emergency caused by the covid-19 pandemic at the beginning of the year ”, explains the European assembly in a statement.

Among these, Portugal is the member state that will receive the most funds from the EUSF because of covid-19, for a total of 37.5 million euros.

This advance payment now approved to Portugal was requested by this (and other EU countries) under the Coronavirus Crisis Response Investment Initiative, which allowed the extension of the scope of the EUSF to “respond to serious public health emergencies ”.

The reports of the European Parliament’s Committee on Budgets recommending the approval of this European aid were approved unanimously, with 40 votes in favor and none against or no abstentions.

These documents have yet to be approved in the plenary session of the assembly, and only then will the financial support be distributed by the European Commission to the countries.

Today’s approval by this parliamentary committee also includes the mobilization of 683.7 million euros for Croatia, in order to “help the country’s reconstruction in the face of the devastating effects of the earthquake in Zagreb and in March 2020” .

More than seven million euros are added that “are allocated to Poland to assist its reconstruction efforts after the floods of June 2020 that affected the province of Subcarpathian”, the European Parliament said in the press release.

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