NIn the presentation of the 2024 Annual Report of the European Court of Auditors held today in Lisbon, Filipa Urbano Calvão, the presiding counselor of the Court of Auditors, stated that “control actions have revealed delays in the execution of European funds, mainly in the PRR.”
These concerns relate to areas such as strengthening public finances, responding to the pandemic and energy crisis, and investing in the continuous care network.
“It is crucial to be aware that the significant support and financing provided are exceptional and unlikely to be repeated,” she emphasized, adding that the President of the Republic often references this as well.
João Leão, the Portuguese member of the European Court of Auditors who presented the report, also noted that at a European level, only 62% of the PRR grants have been executed, with Portugal completing 56%.
“Looking solely at Portugal, there are still seven billion euros in grants and three billion in loans left to be executed,” he noted, indicating that 10 billion remain to be received, an “extraordinarily massive amount to spend.”
The former finance minister also admitted that it is a “significant challenge to manage this execution in just over one year,” given the final application deadline.
[News updated at 16:38]
