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The Portugal Brief

The Portugal Brief

Açores Government Opens the SATA Internacional / Azores Airlines Sale With a 75% Minimum-Stake Floor — Caderno de Encargos Locks In 30-Month No-Layoff Cover, São Miguel-Terceira-Lisboa-Porto Routing and a Three-Year AOC

Açores Government Opens the SATA Internacional / Azores Airlines Sale With a 75% Minimum-Stake Floor — Caderno de Encargos Locks In 30-Month No-Layoff Cover, São Miguel-Terceira-Lisboa-Porto Routing and a Three-Year AOC

The Açores regional government's caderno de encargos for the SATA Internacional / Azores Airlines reprivatisation opens the private-negotiation phase with a 75% minimum-stake floor, a 30-month bar on collective dismissals, a three-year AOC and an HQ-in-Açores requirement.
The Portugal Brief
Banco de Portugal Sets Up a National Payment-Resilience Plan With Energy, Telecoms and Retail After the 28 April 2025 Apagão — Relatório dos Sistemas de Pagamentos 2025 Books a 36% Terminal Drop and 80% Restaurant Value Shock on the Day

Banco de Portugal Sets Up a National Payment-Resilience Plan With Energy, Telecoms and Retail After the 28 April 2025 Apagão — Relatório dos Sistemas de Pagamentos 2025 Books a 36% Terminal Drop and 80% Restaurant Value Shock on the Day

BdP's 2025 Relatório dos Sistemas de Pagamentos sets up a National Payment-Resilience Plan with energy, telecoms and retail after the 28 April 2025 apagão. Day-of-blackout tape: -36% POS volume and value, restaurants -60%/-80%, ATM withdrawals -34% in volume and -24% in value.
The Portugal Brief
Condomínio (Homeowner Association) in Portugal in 2026 — A Practical Guide to the Lei 8/2022 Framework, the Permilage Vote, the Annual Assembleia Geral, the 10% Fundo Comum de Reserva and the Acta as Executive Title for Quota Collection

Condomínio (Homeowner Association) in Portugal in 2026 — A Practical Guide to the Lei 8/2022 Framework, the Permilage Vote, the Annual Assembleia Geral, the 10% Fundo Comum de Reserva and the Acta as Executive Title for Quota Collection

Owning an apartment in Portugal puts you inside a condomínio under the propriedade horizontal regime — Código Civil articles 1414–1438-A, Decreto-Lei 268/94 and the Lei 8/2022 modernisation set the rules for the assembleia geral, the 10% Fundo Comum de Reserva and the acta as executive title.
The Portugal Brief
PS Brands the Labour Code Overhaul a 'Contrarreforma' and Drafts an Alternative Competitiveness-and-Wages Package for Late May — Carneiro Wraps Concertação Social With CGTP on Friday 22 May

PS Brands the Labour Code Overhaul a 'Contrarreforma' and Drafts an Alternative Competitiveness-and-Wages Package for Late May — Carneiro Wraps Concertação Social With CGTP on Friday 22 May

PS leader José Luís Carneiro branded the Labour Code revision a 'contrarreforma' on Thursday 21 May and confirmed PS will vote against on the general phase. An alternative competitiveness-and-wages package follows next week after Carneiro wraps Concertação Social with CGTP on Friday 22 May.
The Portugal Brief
Conselho de Ministros Approves Universidade de Leiria e do Oeste and Universidade Técnica do Porto on Thursday 21 May — €150 Million PTRR Envelope and a 2026-2034 Horizon Frame the First Polytechnic-to-University Promotions in a Generation

Conselho de Ministros Approves Universidade de Leiria e do Oeste and Universidade Técnica do Porto on Thursday 21 May — €150 Million PTRR Envelope and a 2026-2034 Horizon Frame the First Polytechnic-to-University Promotions in a Generation

Conselho de Ministros on 21 May 2026 approves the conversion of Instituto Politécnico de Leiria and Instituto Politécnico do Porto into Universidade de Leiria e do Oeste and Universidade Técnica do Porto, on a €150 million PTRR envelope running through 2034.
The Portugal Brief
Nova SBE's Balanço Social 2025 Places Açores Second on the National Poverty Map at 17.3% — 33.8 Gini, 17.4% Material Deprivation and the Sharpest Reliance on Social Transfers Frame the Regional Gap

Nova SBE's Balanço Social 2025 Places Açores Second on the National Poverty Map at 17.3% — 33.8 Gini, 17.4% Material Deprivation and the Sharpest Reliance on Social Transfers Frame the Regional Gap

Nova SBE's Portugal, Balanço Social 2025 places Açores at 17.3% poverty risk and 17.4% material deprivation — the highest deprivation reading and the sharpest 33.8 Gini in the country. Reframes Wednesday's national 15.4% figure as a continental average masking the regional gap.
The Portugal Brief