Government creates exceptional application period for vineyard conversionPhoto by wildercr on Pexels
Business

Government creates exceptional application period for vineyard conversion

Eco10 September 2026 at 11:54

The Portuguese Government will make five million euros available to support the restructuring and reconversion of vineyards affected by the series of storms that hit the country between late January and mid-February. The funds will be channeled through an exceptional application period for the VITIS scheme, intended for winegrowers who can prove the losses they have suffered.

The measure, established by an ordinance published in the Official Gazette, applies to the 2026/2027 wine campaign and aims to allow affected producers to recover damaged plots and continue their activity. The application process is carried out online, through the Institute for the Financing of Agriculture and Fisheries (IFAP), with deadlines set and announced by the Vine and Wine Institute (IVV).

The support comes as a result of the extreme weather events recorded at the beginning of the year, particularly storm Kristin, which led the Government to declare a state of calamity in several municipalities. The exceptional scheme also allows for the extension of application and decision deadlines whenever circumstances warrant it, also providing maximum eligible area limits depending on the location of the plots.

VITIS is one of the main tools for supporting vineyard modernization, financing procedures such as replanting and grafting. The 2026/2027 campaign is expected to produce 6.7 million hectoliters of wine, 12% more than the previous campaign, although it remains 4% below the average of the last five campaigns.

Related articles

Business

Rents may rise up to 2.56% in 2027

Landlords in Portugal may increase rents by up to 2.56% in 2027, based on August inflation data confirmed by the National Statistics Institute (INE). This increase limit reflects the evolution of consumer price indices and applies to rental contracts subject to annual rent updates.

RTP Notícias10/09/26, 13:00
Business

D. Pedro V Market with new home delivery service for shopping

Coimbra City Council announced today a pilot project called "The Market at Home", which allows customers of the D. Pedro V Market to receive their purchases at home. The service applies to purchases with a value equal to or greater than 20 euros, offering greater convenience to consumers.

Diário de Coimbra10/09/26, 12:48
Business

World Bank Group Issues Guarantees of 53.7 Million to Mota-Engil for the Lobito Corridor

The World Bank Group, through its Multilateral Investment Guarantee Agency (MIGA), issued guarantees of 62.6 million dollars (53.7 million euros) to Portuguese company Mota-Engil to cover its capital investments in Lobito Atlantic Railway, which operates the Lobito Corridor under a 30-year concession with the Angolan Government. The railway infrastructure covers approximately 1,300 kilometres, connecting the Port of Lobito, on the Angolan Atlantic coast, to Luau, on the border with the Democratic Republic of Congo, including the operation of a mineral terminal. The project is expected to create over 1,600 jobs at peak operations, of which 97% will be Angolan citizens, and constitutes one of the most competitive routes to export copper and cobalt — essential raw materials for clean energy technologies — to international markets.

Eco10/09/26, 12:36
El Gobierno presenta la nueva temporada de viajes del Imserso, con 879.213 plazas asignadas
Business

The Government presents the new Imserso travel season, with 879,213 places assigned

The Ministry of Consumption, Social Rights and Agenda 2030 presented in León the new Imserso travel season for 2026-2027, with 879,213 places available. The trips, for which 4,602,255 people are accredited, will begin to be marketed from September 14, with the first trip scheduled for October 1 to Oropesa.

El Periódico Mediterráneo - General10/09/26, 12:35