The European Commission has released €2.32 billion to Portugal under NextGenerationEU (the EU's post-pandemic economic recovery fund), the Commission announced on 7 August 2026. The disbursement, calculated net of pre-financing already provided, forms part of the bloc's broader effort to channel hundreds of billions of euros into member states for green transition, digitalisation, and structural reforms. The payment underscores Portugal's continued progress in meeting the milestones and targets required to unlock successive tranches of recovery funding.