Portugal received three billion euros tranche from the SURE program

Revealed António Costa

Portugal today received a tranche of three billion euros from European funds, under the SURE program, to help various sectors in the face of the crisis caused by the new coronavirus pandemic, the prime minister announced today.

«Today we received the first tranche of the loan granted to #Portugal under SURE, a European program that supports Member States in their efforts to protect workers and companies. I strongly welcome the transfer of these 3000 million euros of European funds», wrote António Costa in a message published today on the social network Twitter.

"These European funds will finance measures such as the 'layoff', support for self-employed workers, support for the country and the bonus for @SNS Portugal workers," stressed Costa.

According to the Prime Minister, "#SURE reflects the solidarity of the #EU and its prompt response to the crisis", which allows "to continue to protect the most affected jobs and workers".

“We remain determined in the fight against the pandemic and in the mitigation of its social and economic effects”, said António Costa.

On 27 October, the Minister of Finance, João Leão, signed the loan contract for the SURE program, to support employment, in the amount of 5,9 billion euros.

On the occasion, the Ministry of Finance said that this is "the European instrument of temporary support to mitigate the risks of unemployment in an emergency", which will "allow the financing of measures to support the maintenance of employment contracts and other expenditure related to health at work, as part of the response to the crisis caused by the Covid-19 pandemic”.

On 15 October, the president of the European Commission, Ursula von der Leyen, said that Portugal would “soon” receive 5,9 billion euros under the European SURE programme.