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The Portugal Brief

The Portugal Brief

Primark Books €45 Million Into Portugal for Four New Stores and 300 Jobs — Castelo Branco, Setúbal, Vila Nova de Gaia and a First Street-Level Store on Porto's Rua Santa Catarina

Primark Books €45 Million Into Portugal for Four New Stores and 300 Jobs — Castelo Branco, Setúbal, Vila Nova de Gaia and a First Street-Level Store on Porto's Rua Santa Catarina

Primark Iberia commits €45M to Portugal for FY2026-27, opening in Castelo Branco, Setúbal, Vila Nova de Gaia and Porto — its first stand-alone street-level store in the country. 300 new jobs lift Portuguese headcount above 2,100; the Iberian envelope reaches €85M with €40M for Spain.
The Portugal Brief
EDP Renováveis Posts a 36% Q1 Profit Jump to €70 Million on a US-Led Recovery — Capex Cut Almost in Half to €324 Million as Stilwell Steers a Tighter 2026 Capacity Year

EDP Renováveis Posts a 36% Q1 Profit Jump to €70 Million on a US-Led Recovery — Capex Cut Almost in Half to €324 Million as Stilwell Steers a Tighter 2026 Capacity Year

EDPR's Q1 2026 results land at €70 million net profit, up 36%, with €489 million recurring EBITDA and 20.5 GW of installed capacity. The number behind the headline is the capex cut — investment falls roughly 50% from €610M to €324M as the group reweights toward US growth at lower opex.
The Portugal Brief
Seven EU Capitals Walk From €74 Billion in Recovery and Resilience Loans — Spain Renounces €60 Billion, Portugal Trims €311 Million as Brussels Locks the 31 May 2026 Reprogramming Deadline

Seven EU Capitals Walk From €74 Billion in Recovery and Resilience Loans — Spain Renounces €60 Billion, Portugal Trims €311 Million as Brussels Locks the 31 May 2026 Reprogramming Deadline

Seven EU states — Spain, Portugal, Poland, Romania and three others — have renounced €74 billion of NextGenerationEU loan envelope, an 11% haircut. Portugal trims €311 million and drops Lisbon Metro expansion plus Hospital Todos os Santos. Bruxelas locks 31 May deadline.
The Portugal Brief