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Articles

No. 2 (2019)

THE PORTUGUESE SOCIAL SOLIDARITY COOPERATIVE VERSUSTHE PECOL GENERAL INTEREST COOPERATIVE

  • Deolinda Meira
DOI:
https://doi.org/10.36128/2187xw14
Submitted
September 1 2025
Published
01-09-2025

Abstract

The Principles of European Co-operative Law (‘PECOL’)considers the Portuguese social solidarity cooperative as anexampleof a co-operative model that approaches the general interest cooperative. The general interest cooperative and the Portuguese social solidarity cooperativeare both structured to pursue economic activity mainly in the general interest of the community. Theyalso base their entire activity on the notion of solidarity. For these reasons,the legal frameworksfor both types of cooperative have certain peculiaritiesregardingtheir categories of members, financial structure, governance and audit regimes. This paper analyses the main similarities and differences between the general interest cooperative and the Portuguese social solidarity cooperative.

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