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Portugal's Goods Exports Rebound 10% in the Second Quarter, Snapping Two Quarters of Decline

Portugal's Goods Exports Rebound 10% in the Second Quarter, Snapping Two Quarters of Decline

Portuguese goods exports rose 10% year-on-year in April-June, INE's rapid estimate shows, reversing two quarters of decline. April surged 15.5%, imports climbed 8.2%, and May's trade deficit narrowed by €514 million.

The Portugal Brief 29 Jul 2026

Praça do Comércio in Lisbon seen from the Tagus river, with yellow arcaded buildings, the Rua Augusta triumphal arch and São Jorge castle hill behind

A CIP/ISEG Barometer Pegs Portugal's Spring Growth at 2 Percent as Rising Oil Prices Squeeze Company Margins

Portugal's economy likely grew about 2 percent year-on-year in the second quarter, a CIP/ISEG barometer estimates — down from 2.2 percent in the first quarter, with just 0.4 percent quarter-on-quarter growth. Rising oil prices are squeezing company margins as the recovery loses momentum.

The Portugal Brief 29 Jul 2026

Vodafone Anchors a New Global Cybersecurity Centre in Lisbon and Opens Hiring for Forty Specialists

Vodafone will open a Global Cyber Centre at its Lisbon headquarters in Parque das Nações, starting with around forty cybersecurity specialists hired by the end of 2026. The hub joins the group's existing centres in the UK, Germany, Romania and India.

The Portugal Brief 29 Jul 2026

A cream Art Deco Lisbon apartment building with curved balconies and blue-and-brown azulejo tiles decorated with anchors and ships, seen from below

Portugal's Rental Demand Jumps 36 Percent to 24 Enquiries a Listing, Yet Asking Rents Keep Sliding

The average rental listing in Portugal drew 24 enquiries in the second quarter of 2026 — up 36 percent on the year — even as advertised rents fell 2.4 percent and available stock shrank 13 percent, idealista data show. Demand is heaviest in the Lisbon and Porto commuter belts.

The Portugal Brief 29 Jul 2026

General Daily Briefing — Wednesday, 29 July 2026

General Daily Briefing — Wednesday, 29 July 2026

Good morning. Here is your Wednesday briefing for 29 July 2026 — six stories shaping Portugal today, from a hard day on the fire lines to a billion-euro price tag on the national airline: * Portugal fought wildfires on several fronts, with seven firefighters hurt and Italy sending two Canadair water-bombers as

The Portugal Brief 29 Jul 2026

A row of white wind turbines on green hills above a Portuguese village, with farmland in the foreground

EDP's Renewables Arm Doubles Its Half-Year Profit to €184 Million, Carried by the United States

EDP Renováveis reported net profit of €184m for the first half of 2026, up from €93m a year earlier, as EBITDA rose 11% to €1,057m and the United States alone contributed 62% of it. CEO Miguel Stilwell d'Andrade says 70% of the group's growth targets through 2028 are already secured.

The Portugal Brief 29 Jul 2026

The interior of a Lisbon Metro station with its distinctive yellow patterned azulejo tiles and a stairway handrail

A Burst Water Main Floods a Tunnel and Empties the Lisbon Metro's Red Line onto the Tracks

A water pipe burst near Encarnação station at around 5.20pm on 28 July, flooding a Red Line tunnel and stranding a train. After a passenger forced a door and walked onto the tracks, the Metro cut power to the whole line. No injuries were reported; EPAL was to repair the pipe that evening.

The Portugal Brief 29 Jul 2026

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