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Portugal's 2025 Budget Surplus Beat Forecasts by 0.7 Percentage Points — Why Did the Bank of Portugal Get It So Wrong?

Portugal's 2025 Budget Surplus Beat Forecasts by 0.7 Percentage Points — Why Did the Bank of Portugal Get It So Wrong?

Portugal's fiscal year 2025 did not just deliver a budget surplus larger than the government projected. It revealed an unprecedented disconnect between the Finance Ministry and the country's key economic institutions—particularly the Bank of...

Driving in Portugal: A Complete Guide to Licenses, Tolls, Rules, and What Foreigners Need to Know in 2026

Driving in Portugal: A Complete Guide to Licenses, Tolls, Rules, and What Foreigners Need to Know in 2026

Portugal's roads can be a joy to drive—winding coastal routes, modern highways, and charming village streets. But before you get behind the wheel, there are rules, documents, and systems you need to understand. From driving licenses to tolls,...

Portugal Hits 2% NATO Defense Spending Target — But Ranks Among Bottom Five Alliance Members

Portugal Hits 2% NATO Defense Spending Target — But Ranks Among Bottom Five Alliance Members

Portugal achieved NATO's long-standing defense spending benchmark of 2% of GDP in 2025, up from 1.55% the previous year—a 31.67% annual increase that brought national defense expenditure to just over €6 billion, according to NATO's latest annual...