Portugal - recent changes to the exceptional temporary measures in relation to the pandemic


From the financial perspective we highlight the following changes:

The extension of the period for the suspension of the payment of capital, interest, commissions and other charges for an additional period of six months, between 31 March 2021 and 30 September 2021, in the credit conceded to individuals as well as housing credit, and credit conceded to businesses in the sectors most affected by the pandemic, identified in the document annex by the CAE (Portuguese Classification of Economic Activities) as well as, in relation to businesses, an extension of credit maturities for an additional period of 12 months. The remaining business community will resume interest payments on 1st April 2021, while benefitting from the suspension of capital payments until 30th September of the same year.
 
You can read the rest of the articles here.


Read More News