Markets Briefing
Markets, Business & Tech Briefing: PSI Flat at 9,127, CGD Bets €1bn on AI, Mota-Engil Loses Rail Bid
The latest Portugal news, analysis, and what it means for expats and residents.
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Portugal Secures a Codfish Carve-Out as the EU Softens Its 21st Russia Sanctions Package
Portugal has won a reprieve for its national dish. The European Union's proposed 21st package of sanctions against Russia originally sought a complete ban on imports of Russian cod — the fish that Portugal salts and cures into bacalhau (salted...
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CGD, BCP and Unicre Are Picked for the ECB's Digital Euro Pilot Starting in 2027
Three Portuguese financial names have been chosen to help build the future of European money. Caixa Geral de Depósitos (the state-owned bank, or CGD), Banco Comercial Português (Millennium bcp, or BCP) and the card specialist Unicre have been...
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Immigrants in Portugal Will Soon Receive Their Social Security Number Automatically, No Office Visit Needed
Portugal is about to remove one of the most tedious steps in settling into the country. From the end of July, foreign nationals will be handed their Social Security identification number — the Número de Identificação de Segurança Social (Social...
Briefing
General Daily Briefing — Tuesday, 14 July 2026
📘 New Guide Published Car Insurance (Seguro Automóvel) in Portugal in 2026 — A Practical Guide to the Compulsory Third-Party Cover, the €6.45 Million Minimum Capital, What Happens If You Drive Uninsured, and
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Torres Vedras Platform Bizay Raises €48.75 Million to Push Into the United States
Bizay, the Torres Vedras custom-products platform known locally as 360imprimir.pt, has closed a €48.75 million Series D led by Índico Capital Partners to fund AI infrastructure and US expansion, after crossing €100 million in revenue and turning its first profit.
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Portugal Endures Its Worst Fire Year Since 2017 as a Rural Movement Decries Political 'Abandonment'
Some 30,155 hectares have burned across Portugal by early July — the worst since 2017 and up about 70% on 2025 — with the fiercest blaze near Vouzela. A citizens' movement blames political neglect of the rural interior, while experts point to farmland abandonment and unmanaged fuel.