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Portugal announces new measures to help firms, families through coronavirus crisis

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By Reuters

LISBON – Portugal’s government announced on Thursday a set new measures to help families and companies cope with the coronavirus outbreak, including a six-month suspension of the payment of loan installments.

ILE PHOTO: Trams move on tracks along the street, as the spread of the coronavirus disease (COVID-19) continues, in Lisbon, Portugal March 24, 2020. (REUTERS/Rafael Marchante/MANILA BULLETIN)

ILE PHOTO: Trams move on tracks along the street, as the spread of the coronavirus disease (COVID-19) continues, in Lisbon, Portugal March 24, 2020. (REUTERS/Rafael Marchante/MANILA BULLETIN)

The country’s economy minister Pedro Siza Vieira also announced that all loans expiring in the next six months will be suspended until September 2020.

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