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Home » Finance » European Commission Approves €1bn Scheme to Boost Green Equipment Production in Portugal
Finance

European Commission Approves €1bn Scheme to Boost Green Equipment Production in Portugal

By Benjamin DavisSeptember 28, 20242 Mins Read
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The European Commission has green-lighted a €1 billion initiative in Portugal aimed at supporting investments for producing equipment essential for transitioning to a net-zero economy, aligning with the objectives of the Green Deal Industrial Plan. This scheme has been authorized under the state aid Temporary Crisis and Transition Framework (TCTF) and will offer direct grants

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