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The Portugal Brief

The Portugal Brief

Nscale Books €695 Million for a Second 200MW Sines Building With 66,000 NVIDIA Vera Rubin GPUs for Microsoft — Late-2027 Deployment Builds on the 12,600 Blackwell Ultra Stack at Start Campus' 1.2GW Permitted Site

Nscale Books €695 Million for a Second 200MW Sines Building With 66,000 NVIDIA Vera Rubin GPUs for Microsoft — Late-2027 Deployment Builds on the 12,600 Blackwell Ultra Stack at Start Campus' 1.2GW Permitted Site

Nscale committed €695 million on Tuesday to expand its Sines Data Campus collaboration with Microsoft and Start Campus — €230 million in shared infrastructure and €465 million for a second 200MW building hosting 66,000+ NVIDIA Vera Rubin NVL72 GPUs from late 2027.
The Portugal Brief
Diesel Up 10 Cêntimos and Gasoline 95 Up 6.5 Cêntimos at the Pump From Monday — €1.993/L Gasolina and €2.055/L Gasóleo Simples on a Hormuz-Tracking Brent Tape, Portaria 204-B/2026 Adds 1.5 Cêntimos of ISP Discount on Diesel

Diesel Up 10 Cêntimos and Gasoline 95 Up 6.5 Cêntimos at the Pump From Monday — €1.993/L Gasolina and €2.055/L Gasóleo Simples on a Hormuz-Tracking Brent Tape, Portaria 204-B/2026 Adds 1.5 Cêntimos of ISP Discount on Diesel

Pump prices for 5-10 May lift gasolina 95 to a national average €1.993/L and gasóleo simples to €2.055/L. Portaria 204-B/2026 (effective 4 May) raises the diesel ISP discount to 7.54 cêntimos/L. Brent's $114→$126 Hormuz move is the driver.
The Portugal Brief
TAP Books the Ex-CEO's €5.9 Million Indemnisation Claim Into the 2025 Accounts as a Civil Contingency — Civil Contingency Bucket Up From €28.5M to €34M, Auditor Disclosure With No Provision Set

TAP Books the Ex-CEO's €5.9 Million Indemnisation Claim Into the 2025 Accounts as a Civil Contingency — Civil Contingency Bucket Up From €28.5M to €34M, Auditor Disclosure With No Provision Set

TAP's 2025 accounts list Christine Ourmières-Widener's €5.9 million wrongful-dismissal claim as a civil contingency — recognised in disclosure, with no provision booked. The civil contingency line rises from €28.5M (2024) to €34M (2025), explicitly attributed to the former chief executive's case.
The Portugal Brief
Compete 2030 Reprogramming Lands a One-Third-of-Envelope Tender Wave Worth €1.1 Billion in STEP Concursos and a New Portuguese Financial Instrument for Startups — Alexandra Vilela Says the 10% Co-Financing Uplift Is the Operative Lever

Compete 2030 Reprogramming Lands a One-Third-of-Envelope Tender Wave Worth €1.1 Billion in STEP Concursos and a New Portuguese Financial Instrument for Startups — Alexandra Vilela Says the 10% Co-Financing Uplift Is the Operative Lever

Compete 2030 reprogramming opens five concursos worth ~€1.1bn — four STEP notices plus a €200M industrial-decarbonisation notice. President Alexandra Vilela tells ECO a new Portuguese financial instrument for startups is on the way and 10% co-financing uplift is the lever.
The Portugal Brief
DE-SNS Opens 14-Day Public Consultation on a New Medicina Intensiva Network — 21 Service Units With Installed-but-Inactive Beds, Target of 95% Specialist Cover and a 1-Nurse-Per-1.5-Patient ICU Ratio

DE-SNS Opens 14-Day Public Consultation on a New Medicina Intensiva Network — 21 Service Units With Installed-but-Inactive Beds, Target of 95% Specialist Cover and a 1-Nurse-Per-1.5-Patient ICU Ratio

DE-SNS opens a 14-day public consultation (closing 20 May 2026) on a new Medicina Intensiva network. 21 SMI units have installed but inactive beds; 95% intensivist target; 1 nurse per 1.5 ICU patients; 24.4% of SMI lack rehabilitation nurses. Activation pipeline through 2029.
The Portugal Brief