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.
Eurostat MRR data classifies ~25% of Portugal's PRR grants as current spending, on par with Spain. Lisbon must execute €13.1bn more in 2026 — the final PRR year — before the funding cliff opens a 1.2%-of-GDP structural gap in 2027 that CFP, Católica and NECEP all flag.
The latest Portugal news, analysis, and what it means for expats and residents.
BdP's 2025 Behavioural Supervision Report shows banks returned €8.91M to clients — €8.24M in commissions and €670k in interest — after pricing, suitability and late-payment breaches surfaced. Complaints over account closures jumped 55% and fraud disputes 45%.
Miranda Sarmento told COFAP on Tuesday 13 May the 2016 cut of restaurant VAT from 23% to 13% was an 'erro crasso' costing €1 billion a year. AHRESP cites 50,000 sector jobs and €153M of dynamic revenue. Carneiro pressed Montenegro Saturday 16 May to clarify the Cabinet position.
IFAP extended the Pedido Único 2026 filing deadline from 15 May to 1 June without the standard 1%-per-day late penalty after Storm Kristin recovery work crowded the spring filing window. The €1.15 billion CAP envelope covers 187,000 beneficiaries across the Continente and Madeira.
The latest Portugal news, analysis, and what it means for expats and residents.
Portugal's TVDE platforms posted €808 million in 2025 revenue — up 36% year-on-year — with 36,463 vehicles and 38,339 drivers, 48.7% of whom are foreign-passport holders, mostly Brazilian and Indian.
