Portuguese Government lending and protection of liquidity measures
In the context of COVID-19 outbreak, the Portuguese government approved a package of economic measures aiming at protecting Portuguese companies and individuals negatively affected by the COVID-19 outbreak. Decree-Law no. 10-J/2020, dated 26 March sets out a range of banking-related measures to be in force until 30 September 2020 described in our newsletter.
This newsletter considers the current legal framework in Portugal which may be further revised as a result of additional measures that the Government may approve in implementing the State of Emergency declaration, declared by the President of the Portuguese Republic.