Markets, Business & Tech Briefing — Friday, 3 April 2026
Today's briefing: PSI Closes Best Week in Five Years at 9,369 Points, Galp Surges Nearly 4% on Oil Price Spike, European Markets Shaken Then Steadied by Hormuz Diplomacy, and 8 more.
The Portugal Brief
Daily Briefing — Friday, 3 April 2026
Today's briefing: TAP Privatization: Two Bidders Remain After IAG Exits, Nationality Law Passes Parliament for Second Time, Euribor Rising: April Mortgage Reviews Will Be Higher, and 4 more.
TAP Privatization Update: IAG Drops Out as Lufthansa and Air France-KLM Go Head-to-Head for Portugal's Flag Carrier
The race for TAP Air Portugal has narrowed to two contenders after IAG — the parent company of British Airways and Iberia — confirmed it would not submit a non-binding offer before Wednesday's deadline, leaving Lufthansa Group and Air France-KLM as...
Good Friday in Braga: Portugal's Ancient Holy Week Draws Thousands as Easter Tourism Surges 14 Percent
As Portugal pauses for Good Friday — a national public holiday — the ancient city of Braga is once again the spiritual centre of the country's Easter celebrations, drawing tens of thousands of visitors to processions that date back centuries. This...
Portugal's Mortgage Debt Hits Record 112.4 Billion Euros as April Reviews Bring First War-Related Payment Hikes
Portuguese families whose mortgage contracts are reviewed this month face the first tangible cost-of-living impact from the Middle East conflict, as rising Euribor rates feed through into higher monthly payments at a time when total housing debt has...
Driving in Portugal as an Expat: Licenses, Exchange Rules, and What You Need to Know in 2026
Can you drive on your foreign license in Portugal? When must you exchange it? This guide covers license validity, exchange procedures, driving tests, and practical tips for expats navigating Portugal's roads in 2026.
Portugal's New Cybersecurity Law Takes Effect Tomorrow: What Businesses and Expats Need to Know
Portugal's NIS2 cybersecurity regime enters force April 3, imposing strict security requirements on businesses and public entities. Fines reach €10M or 2% of global revenue. Ethical hacking gets legal protection.