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Government

The OECD–Brussels Pincer Frames Portugal's 2030 Fiscal Math — 1.8% Growth, Zero Budget Balance and a 15.1%-of-GDP Pension Trajectory Land on the Same Day Brussels Asks Lisbon to Rebase the IMI Patrimonial Values

The OECD–Brussels Pincer Frames Portugal's 2030 Fiscal Math — 1.8% Growth, Zero Budget Balance and a 15.1%-of-GDP Pension Trajectory Land on the Same Day Brussels Asks Lisbon to Rebase the IMI Patrimonial Values

Three macro letters reached Lisbon on the same Wednesday: OECD trimming growth to 1.8%, Brussels projecting pension spending at 15.1% of GDP by 2045, and Brussels nudging an IMI patrimonial rebase. Read together, they cinch Portugal's fiscal corset for the rest of the decade.
The Portugal Brief
Portugal's 3 June General Strike Lands at 100% Lisbon Metro and 98% Carris Workshops — Hospitals São João, Santa Maria and IPO Porto Run Central Surgical Blocks at Zero as Trabalho XXI Hardens Toward the Parliamentary Vote

Portugal's 3 June General Strike Lands at 100% Lisbon Metro and 98% Carris Workshops — Hospitals São João, Santa Maria and IPO Porto Run Central Surgical Blocks at Zero as Trabalho XXI Hardens Toward the Parliamentary Vote

End-of-day read on the 3 June 2026 CGTP general strike: Lisbon Metro at 100% participation, Carris workshops at 98%, Transtejo at 85% — and central surgical blocks shuttered at São João, Santa Maria, IPO Porto, Braga and Viana do Castelo.
The Portugal Brief