Companies will not be able to rely on money funds … – Economic

Companies will not be able to rely on money funds … – Economic

Cristina Oliveira da Silva

Yesterday 15:06

Poiares Maduro says the big priority for structural funds is the “competitiveness and internationalization” of the economy.

The new Community support program will cover measures ” reconcile their personal life with work life “and help” active aging “, the minister said today Poiares Maduro at the end of the meeting of social dialogue. The concrete initiatives will be provided in specific regulations, he explained.

The Government had demonstrated intent to move forward with the support part-time work to encourage the birth. Poiares Maduro said a measure in terms of social inclusion, pointing to an instrument of support “areas of our economy that produce social benefits beyond the commercial benefit”, giving the example of a company “that employs mostly people who were on social exclusion . “

According to the minister, social inclusion is a matter of relief, but the main priority of the Structural Funds is the competitiveness and internationalization of the economy, which will absorb over 40% of the funds.

The first contests should occur as early as November and Portugal should be one of the first States to move in this direction, said Poiares Maduro. So hardly reach the value to businesses this year. “For businesses, surely, between the opening of bids, decision processes, it will be impossible to get the money, even under the new framework later this year,” he said.

Still, the deadlines will be more short, Poiares Maduro said, adding that those who exceed “average of these periods in more than 20% in one year is automatically replaced.” The new support framework summarizes “three major concerns,” said the official. First, the focus on results: “Let contractually results, we will not limit projects to support,” he said

Then there to consider reducing bureaucracy and simplifying the operation of the Funds, notably. into account this waiver document that the Public Administration already has, with the reduction of time “and very direct consequences for managers of operational programs are not meeting them.” Altogether, are concerned “over EUR 25 billion,” the minister said.