Bolstered by EU aid, Portugal expands coronavirus credit lines
Share:
LISBON (Reuters) - Portugal will boost its credit lines for businesses struggling with the coronavirus outbreak to 4.2 billion euros on Wednesday, the government said, after a state aid package from the European Commission helped shore up the country's finances.Companies have so far applied for 90 million euros of an original 3 billion in credit announced by the government two weeks ago. That credit is targeted towards the tourism sector, hotels, restaurants, and traditional industries such as..