EU allocates funds for Portugal’s poorest areas

A Total of 22,447 million euros has been given to Portugal in subsidies from the European Union, for regional development and improvement to national infrastructures. Over the next seven years, the four poorest regions in Portugal – the North, Centre, Alentejo and Azores – will be given a total of 15,24 million euros from that amount for these purposes.

The Algarve and Lisbon, although not classified as poor areas, will also be allocated funds for the government’s ‘Regional Competitivity and Employment’ campaign. The capital will be given 436 million euros, while 254 million euros has been ear-marked for the Algarve. Portugal, as a whole, will receive 2.7 million euros to improve public transport and environmental projects.