Portugal fought fires on several fronts on 28 July, with the most stubborn blaze at Rochoso in the Guarda district. Seven firefighters were hurt, the A25 motorway was cut, and Portugal activated the EU Civil Protection Mechanism, prompting Italy to send two Canadair water-bombers.
Some 641 tax cases each worth more than €1m are stuck in Portugal's courts, together totalling €23.16bn — roughly 8% of GDP. The CSTAF blames a shortage of judges, with the bottleneck at the appeal stage holding up significant funds for both companies and the State.
Portugal will borrow up to €5.8bn under the EU's SAFE defence-financing scheme, but the Court of Auditors and the Attorney General's Office are not formally required to oversee the spending — their involvement would be informal and discretionary, despite the Defence Minister's public assurances.
A financial valuation circulating as binding offers fall due values the whole of TAP at €1.948bn–€2.073bn, about five times its 2015 privatisation. The 49.9% stake the State is selling would be worth an estimated €972m–€1,034.5m, with Air France-KLM and Lufthansa the two bidders left in the race.
Portugal's tax authority (AT) has warned self-employed workers about fake emails, sent in its name, claiming they have 'missing' recibos verdes to issue and pushing them to a malicious link built to steal Portal das Finanças logins. Here is how the scam works and what the AT advises.
CTT's consolidated net profit fell 41.6% to €12.9 million in the first half of 2026 even as revenue rose 12.9% to €674.3 million. Banco CTT income grew 8.1% and the buyback expanded, but a new EU handling fee on sub-€150 parcels from China now looms over the parcel business.
