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Portugal: Guimarães receives advisory support from the EU to accelerate sustainable mobility and climate neutrality
The municipality of Guimarães has signed an advisory agreement with the European Investment Bank (EIB), funded by the European Commission to support the city’s transition towards climate neutrality. The agreement was acknowledged during the official ceremony marking Guimarães’ designation as European Green Capital 2026 and the launch of its year of tenure. Participants in the signing ceremony included Ricardo Araújo Mayor of Guimarães, Joao Fonseca Head of the EIB Group Office in Portugal and Patrick Child, Deputy Director General, DG Environment of the European Commission.
EIB Investment Survey shows that Portuguese firms continue to show strong investment intentions and remain more optimistic about their sector’s business outlook than the EU average
The most recent European Investment Bank Group (EIB Group) Investment Survey (EIBIS) shows that Portuguese firms continue to show strong investment intentions and remain more optimistic about their sector’s business prospects than the EU average. 16% of Portuguese firms expect to increase rather than decrease investment in 2025, which is one of the highest rates in the European Union and significantly above the EU average of 4%.
Portugal: EIB and Navigator sign a €40 million loan to support company investments towards carbon neutrality
The European Investment Bank (EIB) and The Navigator Company have signed a €40 million loan to speed up the company’s decarbonisation programme. This is the first tranche to be signed of a total €80 million loan approved by the EIB. The Navigator Company is an integrated producer of forestry, pulp, paper, tissue, sustainable packaging solutions and bioenergy with headquarters in Portugal.