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Structured register of government actions in the geoeconomic space — export controls, tariffs, sanctions, FDI screening, subsidies, industrial-policy laws — cross-referenced into the country, minerals, and ETF surface. Charter: docs/IPTM_CHARTER.md.
Severity 1-5 is the qualitative impact rating (1=minor, 5=structural). The bilateral-trade-grounded quant scorer is the next IPTM milestone. RBI (Register Breadth Index) is a complementary structural-breadth indicator from scripts/py/iptm/breadth.py; divergence between RBI and severity is itself informative (high-sev / low-RBI = strategic chokepoint; low-sev / high-RBI = broad but shallow). Every action has at least one primary source URL. Verify-or-don't-file. See also themes, timeline, graph, sankey, map, country exposure, sector exposure, material exposure (+ graph), weekly briefs, portfolio scan, escalation monitor, trans-shipment hubs. Internal triage tools (RSS-poller candidate feed, source-feed health) live under /admin/candidates + /admin/sources. Subscribe via Atom feed (accepts ?country=CN, ?material=lithium, ?issuer=BIS, ?type=export_control, ?etf=SOXX, ?company=NVDA, ?minSeverity=4, ?year=2026, ?q=…) or pull /api/iptm/actions.
On 1 September 2026 the European Commission approved a EUR 30 million Portuguese State aid scheme, under the Middle East Crisis Temporary State Aid Framework (METSAF, adopted 29 April 2026), compensating agricultural, fishery and aquaculture businesses for increased fuel and fertiliser costs. Fishing and aquaculture operators receive direct grants of EUR 0.10 per litre of marine diesel consumed between 1 April and 30 June 2026; agricultural beneficiaries receive payments scaled to farm size and livestock numbers to offset higher fertiliser costs. Individual beneficiaries are capped at EUR 50,000 and the scheme runs until 31 December 2026.
The European Investment Bank signed a EUR 175 million green loan with Iberdrola on 15 January 2026 to finance two new wind farms (274 MW combined, 38 turbines of 7.2 MW) integrated into Iberdrola's Tâmega pumped-storage hydropower complex in northern Portugal, part of a roughly EUR 350 million total investment. The loan is guaranteed by Spain's export credit agency Cesce, marking the second use of the EIB-Cesce guarantee instrument that backs green projects led by Spanish companies outside Spain. Global Trade Alert logs the loan as a "red" state-loan intervention on the same grounds as the first Cesce-backed EIB-Iberdrola operation (Windanker, Germany): below-market multilateral financing to a named commercial developer, underwritten by a national export credit agency.
On 23 September 2025 the European Commission approved, under EU State aid rules (case SA.120081), a EUR 100 million budget increase to Portugal's scheme compensating energy-intensive companies for indirect emission costs — the higher electricity prices passed through from carbon costs under the EU Emissions Trading System (ETS). The increase raises the scheme's total budget to EUR 275 million and was notified to avoid a significant reduction in per-company compensation levels for costs incurred during 2021-2030 (final payments due 2031). The Commission found the amended scheme continues to satisfy the ETS State aid Guidelines, which exist to prevent carbon leakage — energy-intensive firms relocating production outside the EU to jurisdictions with less ambitious climate policy.
The European Commission's Innovation Fund, administered by CINEA, signed a EUR 40 million (USD ~42.2 million) grant agreement with Swedish wave-energy developer CorPower Ocean AB for its "VianaWave" project — a pre-commercial 10 MW wave-energy farm comprising 30 Wave Energy Converters (WECs) to be deployed off the coast of northern Portugal, generating an estimated 30 GWh/year (enough for ~7,500 Portuguese homes). VianaWave was one of six projects invited off the Innovation Fund 2023 general-call (IF23Call) reserve list to sign grant agreements — worth nearly EUR 319 million combined — after eight originally-selected projects withdrew from the March 2025 signing round. Commercial operations are targeted for 2028/2029, with an estimated 75% of the project's lifetime value spent within Portugal.
On 11 July 2025 the Portuguese Prime Minister, Luís Montenegro, and the European Investment Fund (EIF) launched "InvestEU Fomento-FEI," an InvestEU Member State Compartment programme backed by EUR 450 million from Portugal's Recovery and Resilience Plan, a EUR 50 million public guarantee from the State Budget, and EUR 490 million of EIF resources. The programme is expected to mobilize over EUR 6.5 billion in financing for more than 40,000 Portuguese SMEs, small MidCaps and individuals investing in innovation, digitalisation, sustainability, competitiveness and agriculture, and is the largest InvestEU Member State Compartment volume mobilized across Europe to date.