daily-briefing

Economy Set to Slow in Q1 as Storm Damage and Oil Crisis Bite The CIP/ISEG economic barometer projects Portugal's GDP growth at 1.8% to 2.2% for 2026, below the government's 2.3% target. Recent Atlantic storms, rising oil prices driven by Middle...

Fuel Prices Set to Jump Again Monday Diesel and gasoline will both increase approximately 10 cents per liter starting March 16, pushing diesel toward 1.92 euros per liter and gasoline to 1.85 euros. The government has extended its ISP discount...

Parliament debates five competing plans to fix the rental crisis The Assembly of the Republic held a marathon session on Thursday, with proposals from PCP, Chega, IL, Livre, BE, and PAN all on the table. Ideas ranged from hard rent caps on new...

Food Basket Hits Record High The basic food basket monitored by DECO PROteste reached its highest price ever this week at €254.12 — up €12.30 (5.1%) since the start of January and a staggering 35.4% higher than when tracking began in 2022. Tuna in...

Portugal Joins Record International Oil Reserve Release Portugal will release 10% of its strategic petroleum reserves as part of the IEA's historic 400-million-barrel coordinated drawdown, the largest in the agency's history. Prime Minister...

Labor Reform Talks Collapse Without Agreement The government's Trabalho XXI labor reform negotiations ended without a deal after unions and employers failed to bridge differences on fixed-term contracts and outsourcing. The UGT rejected the latest...