BdP's April 28 BLS shows banks tightened SME credit criteria in Q1 2026 while demand kept rising. Large-company and mortgage screens held flat in Q1; mortgage criteria are flagged tighter for Q2. Risk perception drives the squeeze.
The government delivered the LOPTC reform to Parliament Tuesday — €10 million threshold reaffirmed and a new carve-out fully exempting calamity-recovery contracts from prior vetting. Tribunal de Contas warns of credibility risk; PS and Chega still in play.
INE's provisional 2025 series posts a record 26.049 million resident trips, +13.7% YoY and the first to clear the pre-pandemic 2019 mark. Domestic travel climbs 14% to 22.2 million; outbound rises 12.5% to 3.858 million.
Cabinet's 23 April Decree-Law modernises IPO vehicle-inspection regime: municipalities can run tenders for low-density centres, sanctions tightened, IMT gets new tech tools. €37.47 light-vehicle fee unchanged for 2026.
Bank Millennium's Q1 2026 net profit hit €71.2M, up 68% year-on-year. Swiss-franc mortgage provisioning dropped 61% and corporate lending grew 27%. Polish subsidiary de-risks BCP's group Q1 print expected early May.
Cabinet authorises Air France-KLM and Lufthansa to submit binding bids for 44.9% of TAP by 22 July 2026. Both industrial plans are 'very equivalent', so price will decide. Government decision targeted for late August, closing in 2027.
In today's briefing: • Cabinet Signs Off Portugal's PTRR Recovery Roadmap on Tuesday, Montenegro Unveils Spending Headline at the Pavilhão Setting Stage for the 2034 Horizon • Bank Valuation of Portuguese Housing Hits a Record €2,151 per Square Metre in March — INE's Avaliação Bancária Posts +16....
