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A grove of mature olive trees on dry, sun-baked soil in Portugal

Brussels Sees Europe's Olive-Oil Output Slipping in 2026 — a Caution Flag for Portugal's Booming Groves

The European Commission expects EU olive-oil output to fall in 2026 even in a broadly favourable farm year. For Portugal — the world's fourth-largest exporter, powered by irrigated Alentejo groves — the projection sharpens a deferred question about water and climate.

The Portugal Brief 06 Jul 2026

An abandoned, roofless stone house in Portugal overgrown with vegetation under a blue sky

Buying a Ruin to Rebuild Will Not Shelter Your Home-Sale Gains From IRS, the Tax Authority Rules

The Tax and Customs Authority has ruled that buying a property classified as a ruin does not count as reinvestment for the IRS capital-gains exemption, because a ruin cannot be a permanent home at the moment of purchase. Here is what the rule requires — and how to avoid the trap.

The Portugal Brief 06 Jul 2026

Web Summit signage welcoming arrivals to Lisbon, evoking Portugal's technology startup scene

A Luxembourg Investor and Unbabel's Founder Want a €1.3 Million State Claim Thrown Out of the AI Firm's Insolvency

Unbabel founder Vasco Pedro and investor Wuessen have asked a Lisbon court to reject a €1.3 million claim by state agency IAPMEI against the insolvent AI translation firm, arguing no enforceable debt was ever formally constituted over unspent EU recovery funds.

The Portugal Brief 06 Jul 2026

Red candlestick stock chart trending downward on a trading screen

Markets, Business & Tech Briefing: PSI Falls 1.2% as Energy Reverses, BCP Bucks the Slide, TAP Bids Loom

Monday, 6 July 2026. The new trading week opened on the back foot: after a rally that carried the PSI to a one-month high on Friday, Lisbon reversed course and tracked a softer Europe lower, with the very energy names that led the climb now leading the retreat. Below: the

The Portugal Brief 06 Jul 2026

Assorted euro cent coins spilling from a glass savings jar onto a white surface

Four in Ten Portuguese Say They Are Worse Off Than a Year Ago, and Most Expect Worse to Come

An Aximage poll reported by ECO finds 39% of Portuguese feel worse off than a year ago and 63% expect further decline by year-end. Only 14% feel better off. The gloom is sharpest among opposition voters but tracks low wages and a higher price level.

The Portugal Brief 06 Jul 2026

A fan of euro banknotes in ten, twenty and fifty denominations spilling from a white envelope onto a wooden table

Women in Portugal Earned €244 a Month Less Than Men in 2024, Official Data Show

Full-time women earned EUR 243.90 less per month than men in 2024, a 14.5% gross-pay gap, according to Labour Ministry data. The gap has closed less than four points since 2017 and is widest in artistic and health and social-support work.

The Portugal Brief 06 Jul 2026

A veterinarian in blue scrubs examines a small white Maltese dog with a stethoscope on a clinic table

Portugal's Veterinarians Press Parliament to Cut the 23% VAT on Pet Care Toward 6%

The Order of Veterinary Surgeons is launching a national petition to force Parliament to debate the 23% VAT on companion-animal care, four times the 6% charged for farm animals. It wants 6%, calls the gap a 'fiscal injustice', and says a cut would cost just EUR 19.5 million.

The Portugal Brief 06 Jul 2026

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