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Chega Now Holds Power in Four of Portugal's Five Largest Municipalities

Chega Now Holds Power in Four of Portugal's Five Largest Municipalities

Less than five months after local elections in which its best result was winning the 60th-largest municipality in the country, Chega has manoeuvred itself into governing coalitions in four of Portugal's five biggest cities. The rapid expansion of...

The Portugal Brief 26 Feb 2026

Mortgage Lending Surges to 20-Year High as Portugal's Housing Boom Accelerates

Mortgage Lending Surges to 20-Year High as Portugal's Housing Boom Accelerates

Mortgage lending in Portugal grew at its fastest annual rate in two decades in January, new data from the Bank of Portugal revealed on Thursday, underscoring the intensity of demand in a housing market that shows no signs of cooling. Home loans...

The Portugal Brief 26 Feb 2026

Montenegro Opens Door to Budget Deficits to Fund Portugal's Storm Recovery Plan

Montenegro Opens Door to Budget Deficits to Fund Portugal's Storm Recovery Plan

Prime Minister Luis Montenegro has acknowledged that financing the country's ambitious post-storm recovery programme may require running budget deficits and increasing public debt -- a significant shift in rhetoric from a government that has made...

The Portugal Brief 26 Feb 2026

Markets, Business & Tech Briefing -- Thursday, February 26, 2026

Markets, Business & Tech Briefing -- Thursday, February 26, 2026

EDP Posts Record 1.15 Billion Euro Profit Portugal's largest utility reported a 44 percent jump in net profit to 1.15 billion euros for 2025, driven by a dramatic turnaround at EDP Renovaveis. The renewables arm swung from losses of 556 million...

The Portugal Brief 26 Feb 2026

Daily Briefing -- Thursday, February 26, 2026

Daily Briefing -- Thursday, February 26, 2026

Finance Minister Hospitalised Finance Minister Joaquim Miranda Sarmento was admitted to Santa Maria Hospital in Lisbon on Tuesday for medical tests. Hospital sources ruled out a stroke but provided no further details. The government has not...

The Portugal Brief 26 Feb 2026

Three Portuguese Destinations Named Among Europe's Best for 2026

Three Portuguese Destinations Named Among Europe's Best for 2026

Portugal has secured three spots on the 2026 European Best Destinations list, reinforcing the country's growing reputation as one of the continent's most versatile travel markets. Câmara de Lobos in Madeira placed sixth, Lisbon came in ninth,...

The Portugal Brief 26 Feb 2026

EDP Posts Record Profit of 1.15 Billion Euros as Renewables Rebound

EDP Posts Record Profit of 1.15 Billion Euros as Renewables Rebound

EDP, Portugal's largest energy utility, reported a record net profit of 1.15 billion euros for 2025, a 44 percent jump from the 801 million euros posted the previous year. The results, disclosed to the Portuguese securities regulator CMVM on...

The Portugal Brief 26 Feb 2026

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