Markets, Business & Tech Briefing: PSI Bucks European Trend, Oil Surges Past $112, and Mortgage Rates Climb
The latest Portugal news, analysis, and what it means for expats and residents.
The Portugal Brief
Daily Briefing: Easter Weekend Road Deaths, Lajes Drones Return, and TAP Down to Two Bidders
The latest Portugal news, analysis, and what it means for expats and residents.
Mortgage Payments Set to Rise as Middle East Conflict Pushes Euribor Higher
Portuguese homeowners with variable-rate mortgages are facing unwelcome news this Easter: monthly repayments are going up. The Euribor rate -- the benchmark used in the vast majority of Portuguese mortgage contracts -- has reversed its downward...
Portuguese Wine Faces a Slow Squeeze as US Tariffs Reshape the World's Biggest Market
A year after President Trump's sweeping tariff regime first hit European exports, the impact on Portugal's wine industry is becoming impossible to ignore. US tariffs on EU wine -- currently at 15 percent after being hiked from an initial 10 percent...
TAP Privatisation Narrows to a Two-Horse Race as IAG Walks Away
The long-running saga of TAP Air Portugal's privatisation entered a decisive new phase this week after IAG, the owner of British Airways and Iberia, confirmed it would not submit a bid for the airline. That leaves just two European aviation giants...
Filing Your IRS in Portugal as a Foreign Resident: A Step-by-Step Guide for 2026
Tax season in Portugal opened on 1 April and runs until 30 June 2026. For the country's growing population of foreign residents — from digital nomads on the Non-Habitual Resident (NHR) successor regime to long-term expats with Portuguese employment...
Trump's New Pharmaceutical Tariffs Set at 15 Percent for EU — What It Means for Portugal's Drug Industry
President Donald Trump signed executive orders on 2 April imposing tariffs of up to 100 percent on patented pharmaceuticals imported into the United States, marking the one-year anniversary of his 'Liberation Day' trade offensive. But for EU member...