Portugal

Portugal's Essential Food Basket Hits All-Time High as Middle East Conflict Compounds Storm Damage and Supply Pressures

The cost of putting food on the table in Portugal has never been higher. A basket of 63 essential food items monitored weekly by consumer group Deco Proteste hit 254.40 euros this week, the highest level since tracking began in 2022 during the...

Related: Portugal's record budget surplus provides fiscal space to support households through the food price crisis.

Sines Investment Pipeline Edges Toward 10% of Portuguese GDP as Santiago do Cacém Calls for a Gabinete da Área de Sines Reboot — Housing Reaches €5,000/m² and the A26-A2 Connection Slips to 2028

ECO's 22 May reportage frames Sines as a 10%-of-GDP investment cluster outpacing public infrastructure: Repsol, Galp and Start Campus anchor the pipeline, Santiago do Cacém projects 15,000 new workers by 2031, two-bedroom rents clear €2,000, the A26-A2 link slips to 2028.

UGT Bank Unions Mais, SBN and SBC Rebuff the Sector's 2% 2026 Wage Offer as 'Insensibilidade e Ganância' Against a Big-Five €1.279 Billion Q1 Profit Tape — Twenty Signatories Sit at the Negotiating Table, CGD and BCP Outside

UGT bank unions Mais, SBN and SBC rejected the sector's 2% 2026 wage offer on 23 May as 'insensibilidade e ganância' set against the big-five banks' €1.279 billion Q1 profit tape and 3.3% April inflation — leaving the ~20 ACT signatories without a deal and CGD and BCP outside the agreement.

AICEP Tracks 85 Foreign-Investment Projects Worth Roughly €22 Billion as Castro Almeida Pitches a Licensing Overhaul Before the Legislature Ends

Minister Castro Almeida says AICEP has 85 foreign-investment projects worth roughly €22 billion in its pipeline — gross notional, not contracted value. 2025 contracted IDE hit a post-Autoeuropa record of €3.58 billion.

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