Seven EU states — Spain, Portugal, Poland, Romania and three others — have renounced €74 billion of NextGenerationEU loan envelope, an 11% haircut. Portugal trims €311 million and drops Lisbon Metro expansion plus Hospital Todos os Santos. Bruxelas locks 31 May deadline.
Construction giant Mota-Engil opens a €50 million sustainability-linked retail bond on 6 May at 4.60% gross with a five-year tenor — subscription closes 19 May, with a swap lane for holders of the maturing 4.15% 2021/2026 series.
Sandra Maximiano's Anacom posts €38 million net profit for 2025 in the regulator's annual Relatório de Atividades, returning to the black after the €10.75 million 2023 trough and the provision-driven volatility — even as revenues drop 18% and the refund cycle to operators continues.
A wave of collective-bargaining updates lands a 6.2% nominal pay rise for around 111,000 private-sector administrative workers from March 2026 with retroactive payment, plus a €0.15 daily uplift in the meal subsidy to €6.15 — a credible signal for 2027 negotiations.
Where to hike in Portugal, how trail markings work, Madeira's trail fees and booking, and the fire season rules that can close trails.
Farminveste's 2025 net profit hit €58.7M, nearly quintupling 2024's €11.2M, on the May-2025 sale of 51% of Alliance Healthcare (Alloga Logifarma). Volume of business €908.6M (+7.6%); EBITDA €51.6M (+10%); continuing ops €26M; discontinued ops €73.8M from the divestment.
Bison Bank's António Henriques launched on Tuesday Portugal's first bank-issued stablecoin — pegged to the euro and dollar, restricted to a closed ecosystem of regulated banks, and aligned with the MiCA framework transposed into Portuguese law as Lei 69/2025 of 22 December.
