PRR execution at 100%: Economy minister warns that Portugal will have to depend less on European funds
Politics

PRR execution at 100%: Economy minister warns that Portugal will have to depend less on European funds

SIC Notícias28 August 2026 at 12:53

Portugal achieved full 100% execution of the Recovery and Resilience Plan (PRR), according to the announcement mentioned in the article. This milestone represents the complete fulfillment of the objectives established for the use of these European funds destined for the country's economic recovery.

The Minister of Economy and Territorial Cohesion, Castro Almeida, made statements about this achievement and warned that Portugal will need to prepare for a new financial reality. According to the minister, the country will have to depend less on European funds in the future.

Castro Almeida argued that Portugal must increase the portion of the State Budget allocated to public investment. This guidance emerges as a response to the need to compensate for the expected reduction in available European funds.

The minister highlighted the importance of preparing the country for a gradual transition away from dependence on European funding, emphasizing that national public investment will need to play a more significant role in the Portuguese economy.

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