{"id":3680,"date":"2020-04-02T22:00:00","date_gmt":"2020-04-02T22:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-29T23:00:00","slug":"credit-line-close-to-become-unavailable-covid-19-portugal","status":"publish","type":"publicacion","link":"https:\/\/belzuz.com\/en\/publicacion\/credit-line-close-to-become-unavailable-covid-19-portugal\/","title":{"rendered":"Legal Alert: COVID-19 Credit Line close to become unavailable in Portugal"},"content":{"rendered":"<p style=\"text-align: justify;\">In view of the negative macroeconomic forecasts for the second quarter of 2020, due to the current epidemic crisis, the Portuguese Government has announced a set of new economic and financial measures, as the integration of a new COVID-19 credit line on the already existing &ldquo;Capitalizar 2018&rdquo; Program, to support the companies whose activity is being affected by the negative economic effects resulting from the current outbreak of COVID-19, with a global allocation of 200 million euros.<\/p>\n<p style=\"text-align: justify;\">Bearing in mind the growing demand, by the interested companies, for this financial solution, the allocation was increased, last week, to a total of 400 million euros.<\/p>\n<p style=\"text-align: justify;\">The aforementioned credit line has already 817 approved operations, within the registered banks, in a global amount of 365 million euros already distributed.<\/p>\n<p style=\"text-align: justify;\">BELZUZ hereby alerts the interested companies of the now available plafond of only 35 million euros to support PME&rsquo;s to withstand the actual epidemic crisis.<\/p>\n<p style=\"text-align: justify;\">Nevertheless, the sectorial specific credit lines for tourism, travel agencies and industry (whose application can no longer be considered valid by the COVID-19 credit line) remain available.<\/p>\n<p style=\"text-align: justify;\">The credit line promoted by Turismo de Portugal directed to the micro companies has already received 2.000 applications as well.<\/p>\n<p style=\"text-align: justify;\"><span style=\"text-align: justify;\">The&nbsp;<\/span><span style=\"text-align: justify;\">&nbsp;of Belzuz Abogados S.L.P. &ndash; Portugal<\/span> is available to assist with any application procedures or to clarify emerging queries or doubts on this matter.<\/p>\n<p style=\"text-align: justify;\">\n<p style=\"text-align: justify;\">\n<p style=\"text-align: justify;\">\n","protected":false},"featured_media":431,"template":"","categories":[],"area-de-practica":[],"publicaciones":[],"idioma-publicacion":[71],"class_list":["post-3680","publicacion","type-publicacion","status-publish","has-post-thumbnail","hentry","idioma-publicacion-ingles"],"acf":[],"_links":{"self":[{"href":"https:\/\/belzuz.com\/en\/wp-json\/wp\/v2\/publicacion\/3680","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/belzuz.com\/en\/wp-json\/wp\/v2\/publicacion"}],"about":[{"href":"https:\/\/belzuz.com\/en\/wp-json\/wp\/v2\/types\/publicacion"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/belzuz.com\/en\/wp-json\/wp\/v2\/media\/431"}],"wp:attachment":[{"href":"https:\/\/belzuz.com\/en\/wp-json\/wp\/v2\/media?parent=3680"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/belzuz.com\/en\/wp-json\/wp\/v2\/categories?post=3680"},{"taxonomy":"area-de-practica","embeddable":true,"href":"https:\/\/belzuz.com\/en\/wp-json\/wp\/v2\/area-de-practica?post=3680"},{"taxonomy":"publicaciones","embeddable":true,"href":"https:\/\/belzuz.com\/en\/wp-json\/wp\/v2\/publicaciones?post=3680"},{"taxonomy":"idioma-publicacion","embeddable":true,"href":"https:\/\/belzuz.com\/en\/wp-json\/wp\/v2\/idioma-publicacion?post=3680"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}