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Government Chases Fresh Tourism Markets in Latin America and Asia as Growth Cools to a 'Consolidation' Year — Turismo de Portugal Stakes Out Offices From Mexico to Australia

Government Chases Fresh Tourism Markets in Latin America and Asia as Growth Cools to a 'Consolidation' Year — Turismo de Portugal Stakes Out Offices From Mexico to Australia

Secretary of State for Tourism Pedro Machado wants new source markets in Latin America and Asia as growth moderates. Turismo de Portugal will open offices from Mexico to Australia in 2026, targeting up to 5.5% revenue growth and around 34 million guests.

The Portugal Brief 23 Jun 2026

Just 16% of Portuguese Save More Than a Fifth of Their Income, XTB-Nova SBE Survey Reveals — Bank Deposits Outrank Brokers While High Fixed Costs Squeeze the Rest

Just 16% of Portuguese Save More Than a Fifth of Their Income, XTB-Nova SBE Survey Reveals — Bank Deposits Outrank Brokers While High Fixed Costs Squeeze the Rest

A Nova SBE survey for broker XTB finds 72% of Portuguese can save, but more than a third put away just 5-10% of income and only 16% save above 20%. Bank deposits (32%) still beat savings certificates and brokers as the favoured home for money.

The Portugal Brief 23 Jun 2026

Markets, Business & Tech Briefing: PSI Slips 0.34%, Jerónimo Martins Sinks 3.4%, Oil Drags Galp

Markets, Business & Tech Briefing: PSI Slips 0.34%, Jerónimo Martins Sinks 3.4%, Oil Drags Galp

The latest Portugal news, analysis, and what it means for expats and residents.

The Portugal Brief 23 Jun 2026

Loan Brokers Handle More Than Half of Portugal's 2025 Consumer Lending for the First Time, Bank of Portugal Finds

Loan Brokers Handle More Than Half of Portugal's 2025 Consumer Lending for the First Time, Bank of Portugal Finds

Credit intermediaries arranged 50.6% of consumer loans in 2025 — the first time the channel has crossed half since it was regulated in 2018. They handled 57% of mortgages and 82.6% of car finance, the Bank of Portugal reports.

The Portugal Brief 23 Jun 2026

Metro de Lisboa Weighs Earlier Openings and Later Closes in a Timetable Study With CP and Transtejo

Metro de Lisboa Weighs Earlier Openings and Later Closes in a Timetable Study With CP and Transtejo

Lisbon's underground is studying whether to extend its operating hours, weighing earlier starts and later finishes against the nightly maintenance window — in coordination with the CP railway and the Transtejo ferries.

The Portugal Brief 23 Jun 2026

Solidarity Supplement for Low-Income Seniors Nears 244,000 Recipients After a €40 Annual Boost

Solidarity Supplement for Low-Income Seniors Nears 244,000 Recipients After a €40 Annual Boost

Portugal's means-tested top-up for poorer pensioners keeps growing, approaching 244,000 recipients by May after the 2026 reference value rose to €670. Roughly two in three beneficiaries are women.

The Portugal Brief 23 Jun 2026

Lisbon residential rooftops overlooking the Tagus river

Housing Secretary Drafts a Rulebook for Condominium Managers, Pledging Training and Accountability Standards

The government is preparing legislation to regulate and train Portugal's condominium-management companies, the Housing Secretary told an industry congress, warning that administrators can no longer get by on the bare legal minimum.

The Portugal Brief 23 Jun 2026

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