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€2bn of the €3.5bn Storm Aid Package Has Reached Households and Firms — Paulo Fernandes Says Just 3,000 of 36,000 Housing Files Paid, €3.3M of a €10M Agriculture Dotation Out the Door

Paulo Fernandes says €2bn of the €3.5bn aid envelope has reached the ground — but housing has paid 3,000 of 36,000 applications, agriculture is at €3.3M of a €10M dotation, and fishing has paid 56 of 1,268 files.

€2bn of the €3.5bn Storm Aid Package Has Reached Households and Firms — Paulo Fernandes Says Just 3,000 of 36,000 Housing Files Paid, €3.3M of a €10M Agriculture Dotation Out the Door

Three months after the cluster of depressions that battered the Portuguese mainland between 22 January and 15 February — a sequence headlined by depression Kristin and totalling €5.3 billion in damages, at least 19 deaths and 19,066 Civil Protection occurrences — the government's €3.5 billion aid package is still only halfway out the door. Paulo Fernandes, coordinator of the Estrutura de Missão set up to oversee the rebuild of the Centro region, told reporters this week that the cumulative value that has reached households, firms and public bodies — including roughly €360 million already paid by insurers — sits "close to €2 billion".

That number is a useful headline, but the bottlenecks become visible the moment you look line by line.

Housing: 3,000 of 36,000 paid

The Ministry of Territorial Cohesion has logged 35,905 applications for housing reconstruction, requesting roughly €210 million. About 17,600 of those are claims under €5,000 — handled under a simplified regime where damage can be evidenced with photographs — and 18,300 are over €5,000, which require a technical inspection. As of 21 April, councils had evaluated 10,000 of the 36,000 files, paid out just over 3,000 and rejected 2,400. The average sum requested is €5,300; the average sum actually paid is €3,058. Leiria alone accounts for more than 10,000 housing applications. Minister José Manuel Fernandes has set 30 June as the target for finishing the evaluation backlog.

Businesses: €1.46bn in BPF credit, but 35,000–40,000 firms damaged

The Banco Português de Fomento has approved or has in the approval pipeline €1.462 billion in subsidised loans for around 7,000 companies, BPF president Gonçalo Regalado told parliament in mid-April. The Estrutura de Missão estimates that between 35,000 and 40,000 firms in industry, services and agriculture were damaged in the affected districts — out of a base of roughly 55,000. Two BPF lines are open: a €500 million liquidity line and a €1 billion reconstruction line, both with public guarantees on the slice not covered by insurance.

Agriculture and fishing: pennies on the dotation

The agriculture envelope is the most visibly underutilised. By 15 April, the Ministry of Agriculture had paid out €3.3 million to 431 farmers — against a €10 million dotation for the calamity municipalities. The government this week extended the eligible perimeter to all areas with "prejuízos relevantes" and pushed the application deadline back 60 working days, to mid-July. The Confederação Nacional da Agricultura has called the envelope "muito aquém do necessário". In fishing, 1,268 applications have been submitted, 511 approved, and only 56 paid — totalling just €245,000. A €3.5M extraordinary line through Mar 2030 covers boat-stoppage compensation; aquaculture damages of €1.5M have a matching €1.5M dotation closing 30 April.

The infrastructure tail

Three months on, ~20,000 customers still have no fixed-line communications, Anacom told Lusa on Friday, with 1,200 written complaints logged. 26 roads remain closed, per Infraestruturas de Portugal, and the West and Beira Baixa rail lines are not expected to be fully repaired before year-end. EDP has booked an €80M storm impact; Águas de Portugal puts the basic-sanitation rebuild at €40M. The Commission has cleared a €250M state-aid package for the forestry sector, valid through 31 December 2029, while the EU's Solidarity Fund application went in on 13 April.

What's next

The Council of Ministers presents the final version of the PTRR — Portugal Transformação, Recuperação e Resiliência on Tuesday, with measures running to 2035. The CIMs of Leiria, Coimbra and Médio Tejo have asked for the exceptional employment and economic measures to be extended to 30 June 2026. The land-clearing deadline for the faixa rules is 31 May nationally, but storm-zone parcels have until 30 June — a window that will compress sharply against the start of the wildfire season.