The latest Portugal news, analysis, and what it means for expats and residents.
Finance Minister Joaquim Miranda Sarmento confirmed on Tuesday a special tax on energy companies' extraordinary profits, calibrating the 2022 Contribuição Solidária Temporária template to the Hormuz fuel-price spike. Rate and revenue 'premature'; bill to Parliament 'a breve trecho'.
MAI booked roughly €36 million on Tuesday to strengthen SIRESP, Portugal's emergency-communications backbone, with 33 working-group recommendations and an 18-month implementation timeline aimed at the energy and redundancy gaps exposed by the April 2025 blackout and Storm Kristin's Centro outage.
The Direção-Geral de Alimentação e Veterinária confirmed on 4 May 2026 that Portugal has recovered its status as a country free of highly pathogenic avian influenza, after the World Organisation for Animal Health validated the close-out of the 26-outbreak cycle that ran from 2 to 26 December 2025.
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.
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.
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.
