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Economy

Economy

Portugal's economy explained: GDP data, market trends, business developments, inflation, real estate, and economic policy. Analysis of how economic trends affect daily life and expat finances.

Programa Sustentável 2030 Drops €130 Million in Fresh Avisos for Water and Circular Economy — €40M for Wastewater Treatment, €30M for Public Water Supply, €60M From the Cohesion Fund for Urban Waste Valorisation, All at 85% Cofinancing

Programa Sustentável 2030 Drops €130 Million in Fresh Avisos for Water and Circular Economy — €40M for Wastewater Treatment, €30M for Public Water Supply, €60M From the Cohesion Fund for Urban Waste Valorisation, All at 85% Cofinancing

Economia and Ambiente jointly opened three new Programa Sustentável 2030 avisos on Saturday — €40M for wastewater, €30M for public-water capture, €60M from the Fundo de Coesão for urban-waste valorisation, all at an 85% cofinancing ceiling.

IGCP Books Up to €1.5 Billion in OT Auctions for 13 May 2026 — 4-Year October 2030 Line Returns Alongside the 10-Year June 2036 Tap as Brent Cracks Below $100

IGCP Books Up to €1.5 Billion in OT Auctions for 13 May 2026 — 4-Year October 2030 Line Returns Alongside the 10-Year June 2036 Tap as Brent Cracks Below $100

IGCP confirmed a double OT auction for 13 May 2026 with an indicative €1.25-1.5 billion range, splitting issuance between the 4-year October 2030 line and the 10-year June 2036 line that printed 3.304% at the 8 April tap. Brent below $100 should pull yields tighter.

Lisbon rooftops with the 25 de Abril bridge across the Tagus in the distance

Caixa Geral de Depósitos Q1 2026 Net Profit Edges 1% to €397 Million — Paulo Macedo Books a €1.25 Billion Dividend, the Largest in Portuguese Banking History, and Sets 3 June as the Binding-Bid Deadline for the Brazilian Subsidiary

CGD Q1 2026 net profit was €397 million (+1%). The headline event is the €1.25 billion dividend to the Treasury — the largest from any Portuguese bank in history. Macedo set 3 June as the binding-bid deadline for the Brazilian subsidiary (Nubank, Garantia, MD Capital, Sputnik in the room).