Markets, Business & Tech Briefing: PSI Slips 0.6%, BCP Lifts on Results, Bund Spread Holds 35bps
The latest Portugal news, analysis, and what it means for expats and residents.
Banco de Portugal's Q1 Bank Lending Survey Catches Banks Tightening SME Credit Criteria — Risk Perception Drives the Squeeze, Mortgage Demand Is Forecast to Cool in Q2 Even as the Stock Keeps Growing
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.
Portuguese Residents Took a Record 26 Million Trips in 2025 — INE's Provisional Series Posts +13.7% Growth, Domestic Travel Climbs 14% to 22.2 Million as Outbound Edges Past 3.85 Million
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.
Cruise Tourism Pushed €940 Million Into the Portuguese Economy in 2025 — CLIA's Numbers Show 9,800 Jobs, an €174 Million Buy-Local Bill, and Eight New Multifuel Ships Sailing in 2026
CLIA's 2026 State of the Cruise Industry report puts Portugal at €940M in cruise-driven economic activity for 2025 — €410M GDP, 9,800 jobs, €174M cruise-line on-shore spend, and 80,000 Portuguese passengers (+7.3%). Eight new multifuel ships enter service in 2026 on $6.6B of capex.
Markets, Business & Tech Briefing: PSI Up 0.59%, Galp Q1 Beats, EDP Renováveis Surges 4%
The latest Portugal news, analysis, and what it means for expats and residents.
BES Bad-Bank Creditors Have Started Filing Compensation Claims — Resolution Fund Faces a €650 Million Bill Under the No-Creditor-Worse-Off Principle
Twelve years after the resolution that broke Banco Espírito Santo into a good bank and a bad bank, the cheque is finally being totted up on the bad side. ECO reports today that common creditors of the BES estate have begun filing formal compensation...
Sacyr-DST-ACA Become the First Public Bidder for the €5.4 Billion Oiã-Soure High-Speed-Rail Concession — IP's Relaunched Tender Sets a 25 May Deadline After 2024's First Procurement Drew No Valid Offer
The first publicly named bidder has stepped forward for the second-section concession of the Lisbon-Porto high-speed rail line. The DST president, José Teixeira, told Jornal de Negócios on Sunday night that the consortium of Spain's Sacyr with...