Portugal's Public Debt Ticks Back Up to 92.9% of GDP in the Second Quarter The debt ratio rose to 92.9% of GDP between April and June, up 1.9 points on the first quarter but still well below last year's level, Bank of Portugal figures show.
For the First Time, Solar Was Portugal's Largest Source of Electricity in July Solar covered 19% of national output last month, edging past hydro and wind to top the mix for the first time, according to grid operator REN.
An Inspection Finds Fernando Pessoa University Enrolled 52 Students Without Legal Grounds A report by the education inspectorate, seen by Publico, found the private Porto university admitted 52 students improperly, citing favouritism, missing admission-exam evidence and a 'parallel entry channel' into its Dentistry course, and urged measures to restore legality.
A Torres Vedras Family Health Unit Becomes the First in the SNS to Be Run by a Private Company The Sao Pedro da Cadeira unit near Lisbon opened on Monday under Knok, a Portuguese telemedicine firm on a EUR2.4 million, five-year state contract, the SNS's first privately managed family health unit. It serves 5,463 patients, with Silves and Lagos next.
Employers Caught With Undeclared Staff Now Repay Three Months of Contributions, Down From a Year A rule in force since January cuts the back Social Security contributions an employer owes when caught using undeclared workers from twelve months to three, easing the penalty for firms even as fines climb, and shrinking the record of workers who were never registered.
A Heatwave Drives Almost the Entire Mainland to Maximum Fire Danger This Week Every northern and central district plus Faro sits at maximum fire risk on Monday, with IPMA yellow warnings almost nationwide through Tuesday evening. Highs of 40°C are forecast for Santarém and Évora, and the elevated danger is expected to last all week.
Portugal's Savings Certificates Climb to a 2.474% Base Rate for August The base rate on Certificados de Aforro rises to 2.474% in August, up from 2.356% in July and just under its 2.5% cap. With a €100 minimum, a state guarantee and permanence bonuses of up to 1.75 points, the state's savings certificates remain a low-risk home for cash.