Markets Briefing
Markets, Business & Tech Briefing: PSI Ticks Up as Pulp Stocks Rally, EDP and Jerónimo Martins Report Thursday
The latest Portugal news, analysis, and what it means for expats and residents.
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.
News
Ministers Push for a 2027 Minimum Wage Above the Agreed €970 as Economists Warn of a Squeeze on the Middle of the Pay Scale
Portugal's minimum wage is set to rise to €970 in 2027, but the Secretary of State for Labour wants more and unions are pressing for €1,000 to €1,050. Employers and economists urge caution, warning that lifting the floor too fast into a stagnant economy would squeeze the pay of workers just above it
News
Portugal Sends Brussels a Seventh and Final Recovery-Plan Revision, Nudging Some Targets Up and Others Down Inside a Frozen €21.9 Billion
Portugal has submitted what it calls the seventh and final revision of its €21.9 billion Recovery and Resilience Plan to Brussels, keeping the total unchanged while raising some project targets and trimming others. With 75 percent of milestones met and a 2026 spending deadline near, it is a race to
News
Galp Rejects Capped Fuel Margins as the Energy Minister Orders ERSE to Study Them
Environment and Energy Minister Maria da Graça Carvalho has asked the regulator ERSE to study capping the commercial margins fuel firms add at the pump. Galp's co-CEO calls the idea one that 'doesn't seem to make sense', even as the group's half-year profit jumped 44 percent to 812 million euros and
News
Eight of the Ten Brands Portuguese Shoppers Choose Most Are Homegrown, From Mimosa to Milaneza
Eight of the ten brands most chosen by Portuguese shoppers are national, the Worldpanel Brand Footprint study finds, led by the dairy label Mimosa for a 14th year with 35.4 million reach points. Only Coca-Cola and Colgate break the homegrown grip on the top ten.
News
Portugal's Winemakers Face a Late-Summer Deadline to Declare Their Stocks or Risk Fines Reaching €10,000
Portugal's wine producers must report the stocks they held on 31 July through the IVV's information system by 10 September, and file their harvest declaration by 30 November. Missing either deadline risks fines of €250 to €10,000, as the trade battles a glut and US tariffs.
News
Infraestruturas de Portugal Awards Zagope a €167 Million Contract to Rebuild the Poceirão–Bombel Line for the Lisbon–Madrid High-Speed Link
Infraestruturas de Portugal has handed Zagope a €167 million contract to rebuild and double the Poceirão–Bombel section of the Alentejo Line, part of the future Lisbon–Madrid high-speed route. The €270 million project, with €97.94 million in EU funding, runs about four years.