Markets, Business & Tech Briefing: PSI +0.46% to 8,999, EDP +1.94% Leads the Energy Tape Through the Greve Geral, Fnac Darty Snaps Up 11 Staples Portugal Stores
The latest Portugal news, analysis, and what it means for expats and residents.
The latest Portugal news, analysis, and what it means for expats and residents.
Setúbal's câmara on Wednesday 3 June became the third Portuguese municipality to formally enter the race for the Capital Portuguesa da Cultura 2028 , joining Leiria — which approved its own candidacy on Tuesday 2 June — and Barreiro, which moved...
Three Portuguese photographers — André Boto, Jerónimo Heitor Coelho and Cláudia Oliveira — earned honourable mentions at the World Food Photography Awards 2026 in London on 2 June. Eggs, morcelas and grilled milho carried Portugal across three of the 27 finalist categories.
Brussels' 3 June 2026 Country-Specific Recommendation projects Portuguese public pension spending climbing from 12.8% of GDP in 2025 to 15.1% in 2045 — third-highest in the EU. Commission criticises reform inertia and flags underdeveloped complementary pensions.
The European Commission's 3 June 2026 Country-Specific Recommendation asks Portugal to update the IMI patrimonial values and pivot from IMT transaction tax to recurrent IMI — explicitly to push vacant stock onto the market and ease residential mobility.
The husband and daughter of Ana Paula Mendes, killed in the 3 September 2024 Elevador da Glória derailment, file a €1.05 million civil-damages action at Lisbon's Tribunal Administrativo against Carris, maintenance contractor Mntc and Fidelidade insurance — the first publicly disclosed claim.
OECD's June Outlook cuts Portugal's 2026 growth forecast to 1.8% from 2.2% on the Middle East oil shock, but improves the budget-balance path to zero in 2026 and -0.1% in 2027, leaving Lisbon's three official forecasters reading from increasingly divergent scripts.