Markets, Business & Tech Briefing: PSI Books -1.60% Weekly Drop to 9,076, Vista Alegre AGM Approves €1.07 Delisting, Citi Initiates EDP at Buy The latest Portugal news, analysis, and what it means for expats and residents.
Ambiente Schedules a 750 MW Battery Leilão for 29 June Reveal — Município Revenue-Share Becomes the Scoring Criterion Minister Maria da Graça Carvalho will release the model, calendar and grid-connection points for Portugal's 750 MW battery storage leilão on 29 June alongside public consultation on the Estratégia Nacional para o Armazenamento de Energia — município revenue-share becomes a scoring rule.
Autoridade Tributária Confirms TVDE Drivers Deduct Full IVA on Manutenção and 50% on Gasóleo But Pay the Full Hit on Gasolina The Autoridade Tributária's 26 May informação vinculativa confirms TVDE drivers recover full IVA on manutenção, peças, pneus and inspections plus 50% on gasóleo, LPG and biofuels — but gasolina IVA stays unrecoverable because TVDE is excluded from serviço público de transporte.
Conselho de Ministros Earmarks €4.5 Million to Clear the Campo de Tiro de Alcochete for the €8.5 Billion Aeroporto Luís de Camões The Conselho de Ministros approved €4.5 million on 29 May to clear unexploded ordnance and prep the Campo de Tiro de Alcochete for ANA's field work on the €8.5 billion Aeroporto Luís de Camões — the cash unlocks the first concrete groundwork on a 2037 opening.
Luís Montenegro Sails Through Saturday's PSD Diretas Unopposed for a Third Mandate — Anadia Congress Booked for 20-21 June Luís Montenegro ran unopposed in Saturday's PSD diretas for a third two-year mandate as party president, with roughly 57,000 militantes eligible to vote. The 43rd Congresso Nacional is set for 20-21 June in Anadia, locking in the Comissão Política Nacional and the third Moção de Estratégia.
PSD, PS and Chega File a Joint Four-Judge List for the Tribunal Constitucional Plenary on 12 June — Brites Lameiras Gives Chega Its First Seat PSD, PS and Chega filed a joint four-judge list for the Tribunal Constitucional on Saturday 30 May ahead of the 12 June plenary vote. Joaquim Cardoso da Costa, Paula Ribeiro Faria, Gabriela Cunha Rodrigues and Luís Filipe Brites Lameiras — Chega's first seat on the court.
April Budget Execution Registers a €1,547.7 Million Deficit on €1.13 Billion SNS Debt Settlement — March Surplus Reversed Portugal's central public accounts swung to a €1,547.7 million deficit through April after a €1,134.3 million SNS arrears settlement reversed March's surplus. Revenue grew 5.7%, expenditure 10.5%, tax revenue Jan-April hit €17,652.1 million.