Financial markets, banking, investment, and economic policy news from Portugal.
Portugal's headline inflation eased to 3.2% in June from 3.3% in May, INE's flash estimate shows. But core inflation rose to 2.5%, energy stayed 9% higher and fresh food ran at 5.2% — a sign price pressure is becoming entrenched rather than fading. Final data lands on 10 July.
Portugal's monthly lifetime subsidies for former politicians and Constitutional Court judges have fallen to 285 recipients, down from 318 five years ago, with just 17 new entrants in a decade. The regime was closed in 2005, and payments — from about EUR1,342 to EUR3,967 a month — now shrink by attri
BNP Paribas has opened the EXEO Office Hub in Lisbon's Parque das Nações, a 38,000-square-metre campus for 5,300 people across three buildings. With about 9,700 staff and 500 open roles in Portugal, the euro zone's biggest bank is nearing a 10,000-strong Portuguese workforce.
A long-phased Portuguese banking law reaches its final stage on 28 June 2026, ending the monthly processing fee on credit contracts signed up to the end of 2020 and barring banks from tying insurance or other products to a loan renegotiation.
Portugal's annual personal income-tax return is due by 30 June. Late filers face fines starting at €25, while Finanças must finish assessments by 31 July and pay refunds by 31 August. A primer on the deadline, penalties and refunds for residents and new arrivals.
Portugal's long-delayed crypto framework, transposing the EU's MiCA regulation, takes effect on 1 July. The Bank of Portugal handles authorisation and prudential oversight, the CMVM polices conduct and market abuse, and fines reach €5 million — ending the country's regulatory grey zone.
A government-appointed panel proposed folding the Bank of Portugal, the CMVM and the insurance regulator into a single supervisor. Finance Minister Joaquim Miranda Sarmento turned it down within two days.
