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The Portugal Brief

The Portugal Brief

Economy

Compete 2030 Reprogramming Lands a One-Third-of-Envelope Tender Wave Worth €1.1 Billion in STEP Concursos and a New Portuguese Financial Instrument for Startups — Alexandra Vilela Says the 10% Co-Financing Uplift Is the Operative Lever

Compete 2030 reprogramming opens five concursos worth ~€1.1bn — four STEP notices plus a €200M industrial-decarbonisation notice. President Alexandra Vilela tells ECO a new Portuguese financial instrument for startups is on the way and 10% co-financing uplift is the lever.

Justice

More Than 200 Inmates of Lisbon's Estabelecimento Prisional Refuse to Return to Cells in Peaceful Protest Against Conditions in Ala B — GISP Intervention Unblocks the Stand-Off as Director António Leitão Promises an Afternoon Hearing

Over 200 inmates of Lisbon's EPL Ala B refused to return to cells Monday morning, sitting on the floor and demanding to be received by the prison director. GISP intervention unblocked the situation; director António Leitão promised an afternoon hearing. EPL is scheduled for gradual closure by 2028.

Courts

Operação Fundo Perdido Confirms €3.2 Million State Loss as Three Are Arrested for Subsidy Fraud Across Évora, Santarém and Setúbal — Portugal 2020 and Alentejo 2020 Programmes Both Hit, 23 Counts of Subsidy Fraud and a Criminal-Association Indictment

Ministério Público confirms €3.2M State loss in Operação Fundo Perdido. Three arrested across Évora, Santarém, Setúbal — fictitious invoicing and over-invoicing inside Portugal 2020 and Alentejo 2020 reporting. 23 fraud counts plus criminal-association indictment, certified accountant suspended.

Economy

Trump Lifts EU Auto Tariff to 25% on Truth Social After Merz Iran Comments — ACAP Says Portugal's Direct Exposure Is Limited but Volkswagen Autoeuropa, Continental Lousado and the Component-Supplier Stack Hold the Indirect Channel

Trump's Truth Social post unilaterally lifts the EU auto tariff from the 15% July-2025 deal to 25% effective this week. ACAP says Portugal isn't directly exposed (most exports head to the EU) but flags the Volkswagen Autoeuropa, Continental Lousado and components stack to the global ripple.