Markets Briefing
Markets, Business & Tech Briefing: Lisbon Closed for Labour Day, EDP Goes Ex-Dividend Monday, OT 10Y Drifts to 3.46%
The latest Portugal news, analysis, and what it means for expats and residents.
The Portugal Brief
Immigration
AIMA Issues a Fresh Scam Alert on Appointment Fraud — Why Foreign Residents Should Memorise the Five Official Channels
The Agência para a Integração, Migrações e Asilo (AIMA) used 1 May to publish another fraud alert through its Instagram and Facebook channels — the fifth such warning since August 2025 — telling foreign
Healthcare
SNS 24 Has Issued 1.5 Million Illness Self-Declarations Since 2023 — and Q1 2026 Is Running at 1,790 Per Day
The Serviços Partilhados do Ministério da Saúde (SPMS) marked the third anniversary of the SNS 24 illness self-declaration service on Thursday with a release confirming that the digital baixa now runs at
Business
Banco Português de Fomento Maps Out a €30 Billion 2026-2028 Funding Bazooka and a Sovereign-Style 'Fundo de Fundos' to Fix Portugal's SME Trap — CEO Gonçalo Regalado Targets Hospitals, High-Speed Rail and AI Data Centres
Banco Português de Fomento CEO Gonçalo Regalado has set out a €30 billion 2026-2028 funding plan and a sovereign-style 'fundo de fundos' to attack Portugal's SME-fragmentation problem. Targets: hospitals, high-speed rail, AI data centres. €6bn mobilised in 2025, 11x 2024.
Economy
Diesel to Climb 9.5 Cents and Petrol 6 Cents on Monday 4 May as Brent Tops $110 on Strait of Hormuz Closure — DGEG Forecast Pushes Pump Prices to €2.05/L Diesel and €1.99/L Gasoline
Diesel set to climb 9.5 cents to €2.050/L and gasoline 6 cents to €1.988/L from Monday 4 May as Brent tops $110 on Strait of Hormuz closure. Finance has cut the diesel ISP discount to 6 cents, keeping pump prices below €2.10/L. Worst weekly jump of 2026.
Energy
Decreto-Lei 94/2026 Enters Into Force on 2 May Letting the National Gas System Cover Part of Biomethane Connection Costs — ERSE Has 180 Days to Set Cost-Sharing Criteria
DL 94/2026 enters into force 2 May, letting the National Gas System cover part of biomethane connection costs. ERSE has 180 days to set the criteria. Plano de Ação targets 9.1% of gas demand from biomethane by 2030, 18.6% by 2040; €20M PRR top-up announced.
Business
Teixeira Duarte's 2025 Net Profit Almost Doubles to €50 Million on Refinanced Debt and a €1.6 Billion Order Book — Construction Group Joins LusoLAV High-Speed Rail Consortium
Teixeira Duarte's audited 2025 accounts post €50M net profit, almost double the €26M booked in 2024, on €706M revenue and €100M EBITDA. Net debt fell €147M, the order book grew to €1.635bn, and the group joined the LusoLAV Porto-Lisbon high-speed-rail consortium.