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Breaking news and developing stories from across Portugal.
Fundo Ambiental Walks the Floresta Azul Programme Into Its 2026 Disbursement Phase — €1 Million Drops on Marine-Meadow Restoration for the Ria Formosa, the Sado Estuary and the Natura-2000 Coastal Tape

Fundo Ambiental Walks the Floresta Azul Programme Into Its 2026 Disbursement Phase — €1 Million Drops on Marine-Meadow Restoration for the Ria Formosa, the Sado Estuary and the Natura-2000 Coastal Tape

Tuesday 12 May: Fundo Ambiental drops €1 million on the first 2026 tranche of the €2M Floresta Azul programme — marine-meadow restoration across the Ria Formosa, Sado estuary and Natura-2000 coastal sites. Portugal's first dedicated blue-carbon line, the pilot under the EU Nature Restoration Law.
The Portugal Brief
Conselho de Ministros Approves Three SNS Doctor Decree-Laws on 7 May — Tarefeiro Contracts Made 'Excecional', Urgência Bonus Reaches 80.5% Above the 250-Hour Cap, INEM Reorganised as a Special-Regime Institute

Conselho de Ministros Approves Three SNS Doctor Decree-Laws on 7 May — Tarefeiro Contracts Made 'Excecional', Urgência Bonus Reaches 80.5% Above the 250-Hour Cap, INEM Reorganised as a Special-Regime Institute

The 7 May Council of Ministers approved a three-decree-law SNS package: prestação de serviços becomes excecional, the urgência bonus reaches up to 80.5% of base pay above the 250-hour annual cap in 48-hour blocks, and INEM is reorganised as a regime-especial institute.
The Portugal Brief
Farminveste's 2025 Net Profit Quintuples to €58.7 Million on the Alloga Logifarma Divestment — €908.6 Million Revenue, €51.6 Million EBITDA as the ANF-Controlled Holding Reweights Around Glintt, CUF and HMR International

Farminveste's 2025 Net Profit Quintuples to €58.7 Million on the Alloga Logifarma Divestment — €908.6 Million Revenue, €51.6 Million EBITDA as the ANF-Controlled Holding Reweights Around Glintt, CUF and HMR International

Farminveste's 2025 net profit hit €58.7M, nearly quintupling 2024's €11.2M, on the May-2025 sale of 51% of Alliance Healthcare (Alloga Logifarma). Volume of business €908.6M (+7.6%); EBITDA €51.6M (+10%); continuing ops €26M; discontinued ops €73.8M from the divestment.
The Portugal Brief
Transtejo Soflusa Will Open a Direct Seixal–Barreiro Electric-Ferry Run From June 2026 — Weekends First, Then Weekdays, on Top of the 100% Electric Seixal–Cais do Sodré Spine That Has Already Saved 1.74 Million Litres of Diesel

Transtejo Soflusa Will Open a Direct Seixal–Barreiro Electric-Ferry Run From June 2026 — Weekends First, Then Weekdays, on Top of the 100% Electric Seixal–Cais do Sodré Spine That Has Already Saved 1.74 Million Litres of Diesel

Minister Miguel Pinto Luz confirmed Transtejo Soflusa will open a Seixal–Barreiro fluvial connection in June 2026 — weekends first, weekdays to follow. The new line plugs into a 10-vessel electric fleet that has carried 2 million passengers and saved 1.74 million litres of diesel a year.
The Portugal Brief
BPCE's €1 Billion Cheque to the Fundo de Resolução Covers Only 15% of the Vehicle's State and Banking-Sector Debt — Novo Banco-Banif Liabilities Still Hang Over the System as Luís Máximo dos Santos Steers Repayment Plan

BPCE's €1 Billion Cheque to the Fundo de Resolução Covers Only 15% of the Vehicle's State and Banking-Sector Debt — Novo Banco-Banif Liabilities Still Hang Over the System as Luís Máximo dos Santos Steers Repayment Plan

The €1 billion the Fundo de Resolução netted from the BPCE acquisition of Novo Banco covers only 15% of the vehicle's accumulated debt to the Portuguese state and the bank-sector consortium. Implied residual liability of around €5.5-6 billion, with no disclosed repayment horizon.
The Portugal Brief