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The Portugal Brief

Fuel Price Surge Sidelines 1,500 Ride-Hail Cars in Lisbon and Porto as Uber and Bolt Refuse to Raise Fares

Fuel Price Surge Sidelines 1,500 Ride-Hail Cars in Lisbon and Porto as Uber and Bolt Refuse to Raise Fares

Rising fuel costs have forced 1,500 combustion-engine TVDE drivers off the road in March alone. The industry association says the current model is broken and demands government intervention.

Portugal's Audit Court Opens 43 Investigations Into EU Recovery Fund Spending as Government Moves to Strip Its Oversight Powers

Portugal's Audit Court Opens 43 Investigations Into EU Recovery Fund Spending as Government Moves to Strip Its Oversight Powers

The Tribunal de Contas has nearly doubled its open investigations into PRR-funded contracts since late 2025, even as the government pushes to eliminate the court's power to pre-approve public spending entirely.

Mortgage Payments Have Doubled in Four Years and Two-Thirds of Portuguese Families Can No Longer Afford to Buy a Home

Mortgage Payments Have Doubled in Four Years and Two-Thirds of Portuguese Families Can No Longer Afford to Buy a Home

New Bank of Portugal data reveals that median mortgage payments rose from 350 to 855 euros between 2019 and 2023, with Lisbon now requiring 102 percent of median household income just to service a home loan.