Granting a Power of Attorney (Procuração) in Portugal
How to give someone power to act for you in Portugal, which form each task needs, how to sign one abroad, and how to cancel it.
The Portugal Brief
A New Barometer Finds Greater Lisbon Residents Praising Their Transport but Marking Down Cleanliness, Parking and Safety
A new Quality Barometer for the Lisbon Region from Nova IMS and the IPQ finds residents who are richer and better-educated than the national average yet mark their region down on cleanliness, parking, noise, security and tourism — while rating its public transport highly.
Almada Extends Its Water-Supply Alert to 31 August, Keeping Overnight Cut-Offs and a Garden-Watering Ban in Place
Almada has extended its formal water-supply alert to 31 August, carrying July's restrictions across the peak of summer: overnight cut-offs between 10pm and 6am, a ban on watering gardens and washing pavements, and reserves at 78% as consumption runs near double the national average.
Azambuja Council Withholds Fast-Track Status From Neoen's €2 Billion Data-Centre Plan
Azambuja's council issued an unfavourable opinion on granting PIN (Project of National Interest) status to Neoen's EUR2 billion Azambuja DC data centre, citing missing environmental studies and infrastructure strain. The label is not a building permit, but losing local backing lengthens the road for
Portugal's Central-Government Accounts Swing to a €212.6 Million First-Half Deficit as a CGD Dividend Cushions SNS and Storm Bills
Portugal's central-State accounts ran a EUR212.6 million deficit through June on a public-accounting basis, reversing a EUR2.23 billion surplus a year earlier. A EUR987.5 million CGD dividend cushioned the blow as the Treasury cleared EUR1.37 billion in overdue SNS supplier bills and spent EUR451.3
August Mortgage Bills Climb Across Portugal as the Euribor's July Rebound Feeds Through
The Euribor turned higher in July, and for borrowers whose contracts revise in August it feeds straight through to the bill. On a EUR150,000, 30-year loan the twelve-month-indexed instalment climbs to EUR703.64, about EUR64.83 more than a year ago. The same move flatters savers, pushing the Certific
Markets, Business & Tech Briefing: PSI Slips 0.3%, BPI Profit Falls 13%, Semapa Leads
Portugal's benchmark index took a breather on Friday, closing out July on a soft note after Thursday's banking-led surge. A busy morning of first-half earnings dominated the corporate agenda, with BPI, Semapa and CTT (Correios de Portugal, the national postal operator) all reporting before the bell.