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Afternoon Update -- March 2, 2026

Afternoon Update -- March 2, 2026

Storm Regina Disrupts Madeira Flights Depression Regina has forced the cancellation of 50 flights at Madeira International Airport as of mid-morning. IPMA has issued orange warnings for wind gusts (up to 110 km/h in highlands) and rough seas, with...

Portuguese Business Confidence Surges to 88%, But Leaders Warn the State Is Holding Them Back

Portuguese Business Confidence Surges to 88%, But Leaders Warn the State Is Holding Them Back

Portuguese business leaders are more optimistic than they have been in years, but they are directing their sharpest criticism at the very institution meant to support them: the state. The 46th Executive Digest Barometer, published Monday, reveals a...

Markets, Business & Tech Briefing -- March 2, 2026

Markets, Business & Tech Briefing -- March 2, 2026

PSI Index: Near 15-Year Highs The PSI closed at 9,276 points on Friday, up 0.09% on the session and 7.07% over the past month. The index is now trading at levels not seen since June 2008, having gained over 36% in the past 12 months. Analysts at...

The Portugal Brief -- Daily Briefing, March 2, 2026

The Portugal Brief -- Daily Briefing, March 2, 2026

Economy: GDP Growth Confirmed at 1.9% for 2025 The National Institute of Statistics has confirmed that Portugal's economy grew 1.9% in real terms during 2025, following 2.2% growth in 2024. In nominal terms, GDP reached approximately 307 billion...

Hospital Emergency Rooms Closing as Portugal Restructures Maternity Care

Hospital Emergency Rooms Closing as Portugal Restructures Maternity Care

The obstetrics and gynaecology emergency room at Barreiro Hospital will close permanently as part of a broader restructuring of maternity services on the Setubal Peninsula. Health Minister Ana Paula Martins confirmed the decision during a...