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Coronavirus response: €1 billion of EU Cohesion policy to support Portugal’s recovery

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The European Commission has approved the modification of 10 operational programmes in Portugal, redirecting a total of more than €1 billion of EU Cohesion policy funds, namely the European Regional Development Fund (ERDF), the Cohesion Fund (CF) and the European Social Fund (ESF). Along with a temporary increase of the EU co-financing rate to 100% for Cohesion policy projects tackling the

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