ECB Holds Rates Amid Middle East Uncertainty The European Central Bank kept all three key interest rates unchanged on Thursday -- the deposit facility at 2%, the main refinancing rate at 2.15%, and the marginal lending facility at 2.4%. President...
Government to Approve New Immigration 'Return Law' Today The Council of Ministers will approve a new "return law" for irregular immigrants on Thursday, Prime Minister Luis Montenegro announced during Wednesday's parliamentary debate. The legislation...
EU commits 200M to Portugal submarine cables, Seguro marks 10 days in office, PSI gains on Galp surge, Fed decision today, clocks forward March 29.
Portugal Rules Out Military Role in Strait of Hormuz Foreign Affairs Minister Paulo Rangel confirmed that Portugal will not deploy military assets to the Strait of Hormuz, despite pressure from the United States. Speaking after an EU foreign...
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...
