The European Commission approved State aid to the Portuguese agricultural sector with a total value of 30 million euros. This decision allows the Portuguese State to grant financial support to the agricultural sector in the context of economic challenges faced by farmers.
The approved aid will take the form of direct subsidies, that is, money that does not need to be repaid by the beneficiary companies. These funds are intended to support the Portuguese agricultural sector in the current economic context.
The article indicates that a maximum limit of 50 thousand euros per beneficiary company is planned. This ceiling aims to distribute the support among a larger number of operators in the national agricultural sector. The measure comes at a time when the Portuguese agricultural sector is facing economic difficulties that motivated the request for approval of these State aids from the European authorities.
