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Public Finance

A wooden judge's gavel resting on its block

Lisbon Court Sends Sócrates-Era Public Works Secretary Paulo Campos to Trial Over the €1 Billion Road-PPP Case — Judge Carlos Alexandre Pronounces Five of Ten Charges as Costa Pina Walks Free Thirteen Years On

Portugal's Central Criminal Investigation Court has committed former Public Works secretary Paulo Campos to trial in the road-PPP corruption case — five of ten charges pronounced, with an estimated €1 billion in damage to the State, thirteen years after the file opened.
The Portugal Brief
Portugal 2030 Crosses €4.35 Billion Executed at End-May for a 19% Headline Rate — €890 Million Sits in the Guilhotina Crosshairs as Compete Trails at 6.4% and Pessoas2030 Leads at 38.5%

Portugal 2030 Crosses €4.35 Billion Executed at End-May for a 19% Headline Rate — €890 Million Sits in the Guilhotina Crosshairs as Compete Trails at 6.4% and Pessoas2030 Leads at 38.5%

Agência para o Desenvolvimento e Coesão's Portugal 2030 Boletim Mensal prints end-May execution at 19% — €4.35bn paid, €12.82bn approved. Pessoas2030 leads at 38.5%, Compete trails at 6.4% and €890M sits in the EU guilhotina decommitment crosshairs ahead of the n+3 deadline.
The Portugal Brief
Eight Percent of Portuguese Municipalities Now Settle Supplier Invoices Past the 60-Day Statutory Limit — Tábua, Caminha and Melgaço Post 146, 121 and 115-Day Payment Periods in DGAL's Q4 2025 Report

Eight Percent of Portuguese Municipalities Now Settle Supplier Invoices Past the 60-Day Statutory Limit — Tábua, Caminha and Melgaço Post 146, 121 and 115-Day Payment Periods in DGAL's Q4 2025 Report

DGAL Q4 2025 tape shows 8% of Portuguese municipalities now settle supplier invoices past the 60-day legal limit — almost double Q3's 4.8% reading. Tábua, Caminha and Melgaço post the worst PMPs at 146, 121 and 115 days. Government to publish quarterly worst-payer rosters.
The Portugal Brief