Wine: Government Creates New Line of Credit to Respond to "Significant Constraints" in the Sector

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Correio da Manhã

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Correio da Manhã

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Loans intended for the payment of production benefit from an interest subsidy of up to 75% and the amount intended for the restructuring of credits may not exceed 50% of the amount financed under the support line

Jornal Expresso

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"The stock levels in the storage structures are high, continuing imbalances between the available production and the effective demand for the market", refers to the diploma that enshrines loans with interest subsidies to winegrowers

Sapo

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The Government has approved a treasury line of EUR 110 million for cooperatives and processors in the wine sector, with the aim of ensuring the payment of the grapes for the 2025 and 2026 marketing years and allowing the restructuring of previous credits.

Noticias ao Minuto

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The Government has created a new line of credit to support wine producers, worth EUR 110 million and with interest subsidies, according to a decree published today in Diário da República.