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Portuguese Government Announces 80 Million Euro Agriculture Support Package (eco.sapo.pt)

· 88d ago · Report · Spotlight this ·
0xBASE INTEL BRIEF
  • €60 million investment for drought-impacted irrigation network rehabilitation.
  • €20 million in financial aid to mitigate high fertilizer and energy costs.
  • Focus on maintaining domestic food sovereignty amid climate volatility.

"Prime Minister Luís Montenegro has unveiled an €80 million exceptional support package for Portugal's agricultural sector. The funding allocates €60 million toward the rehabilitation of irrigation systems damaged by adverse weather, while €20 million is earmarked to help producers offset volatile energy and fertilizer costs. These interventions reflect a strategic push to maintain domestic agricultural output and strengthen the resilience of critical food production chains against climate-induced volatility and inflationary pressures on input costs."

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