The government says 10 billion euros planned to support Portuguese export companies compared to the tariffs announced by the United States (USA).
“The plan we presented on Thursday, in terms of budget,” said finance Minister Joaquim Miranda called Sarmando, export-providing companies, credit lines, insurance and internationalization support for 10 billion euros.
He explained: “Plan said:” There is an enterprise in the Portuguese Development Bank financing and out of the perimeter of public accounts, which has been detained by private companies, and in Portugal in 2030, and in Portugal in Portugal.
Joaquim Miranda Sarao, “The presence of budget effects, … At the end of loans, will take place in a very small margin of these loans in five to six years.”
“We speak very small amounts of grants compared to 10 billion euros,” In 200 million euros, the state can be accepted by the state if the company is explained.
“It’s a very small part of this loan, this credit can be prostrated and is not paid,” he said, “This program is practically null in the budget.”
Brussels is cautious
Position, the European Commission on Friday demanded the “be careful in the budget reaction” to the tariffs of the countries of the European Union (EU) countries (EU) countries (EU) countries.
“We must be a little careful in your part of the European Commission, our first assessment, budget 19 pandemia.
The Portuguese program will cover export companies based in Portugal.
This weekend, EU Finance Ministers, after the announcement of the United States, analyzed the economic impact of new customs tariffs in the relief, analyzed the economic impact of customs tariffs, was adopted by the community bloc.
European Commission Calculations, US General Customs Rights by 2027 to 1.4% from 0.8% to 1.4% of the EU, ie the EU is a permanent or other contract, economic results will be more negative, and economic results will be more negative, and more than 3.1% for the United States and 3.3% for the United States Will be up to 0.5% to 0.6%.
In the global scale, the community executive power decreased by 1.2% loss in world GDP and 7.7% in world trade in three years.
In his interview with LUsa, Joaquim Miranda Sarmento said that the government has followed such effects, which will not depend on such prospects, “he said,” he said. “The situation is difficult, the risk is very large,” he said.
