Bank Profits Cool in the First Quarter as Lending Margins Tighten
A new Bank of Portugal report shows banking-sector return on equity slipped to 13.65% in the first quarter of 2026 as falling rates compress net interest margins.
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Breaking news and developing stories from across Portugal.
Opposition Parties Win Disability-Access Rights for University Students Over Government Objections
Opposition parties approved a new legal regime granting university students with disabilities priority admission and housing quotas, adapted assessments and accessibility guarantees from 2027/2028.
Parliament Folds Welfare Subsidies Into a Single Benefit, Unlocking €620 Million in EU Recovery Funds
Parliament approved a bill creating the Single Social Benefit (Prestacao Social Unica), merging non-contributory subsidies and unlocking a request for €620 million in EU recovery funds.
Socialist Leader Carneiro Charges the Government With Having "No Agenda for the Economy" on a Sines Port Visit
On a visit to the deep-water Port of Sines, Socialist leader Jose Luis Carneiro accused the Montenegro government of lacking any economic strategy and warned that Portugal is losing competitiveness.
Portuguese Science Captures About €10 Million in European Research Council Advanced Grants
Researchers tied to Portugal won roughly €10 million in the European Research Council's latest Advanced Grants, the EU's most prestigious funding for established scientists.
Portuguese House Prices Decelerate for the First Time in Nearly Two Years as First-Quarter Sales Drop 8.7%
House-price growth eased for the first time since 2024 in the first quarter, but prices still rose 17.8% year on year even as the number of homes sold fell 8.7%.
Parliament Votes Down Bills for a Regionalisation Referendum as the Centre-Right Blocks Left and Regional Proposals
Parliament rejected a clutch of bills that would have set Portugal on the road to elected administrative regions, with PSD, CDS-PP and Chega voting down proposals from the PCP, PS, Livre and JPP.