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General Daily Briefing — Saturday, 1 August 2026

General Daily Briefing — Saturday, 1 August 2026

Good morning. Here is your Saturday briefing for 1 August 2026 — six stories shaping Portugal today, from a new chief at the tax office to a brewer’s shorter working week, plus a new guide to granting a power of attorney and a partner note on buying property in the

The Portugal Brief 01 Aug 2026

A television broadcast camera and a reporter holding a CNN Portugal microphone, with studio monitors showing CNN Portugal and TVI behind, both Media Capital channels

Media Capital Slides Into a EUR1.6 Million Half-Year Loss After Betting on the World Cup and Its Newsroom

TVI's owner Media Capital fell to a EUR1.6 million first-half loss despite 4% revenue growth, after heavy spending on a busy news calendar and an extraordinary investment in the 2026 World Cup pushed costs up faster than income and lifted net debt to EUR41.2 million.

The Portugal Brief 01 Aug 2026

The metallic-clad domed SSE Hydro arena at the Scottish Event Campus in Glasgow, the venue behind Martifer's settled dispute

Martifer Pays GBP9 Million to Close a Fifteen-Year-Old Glasgow Building Dispute, Clearing Its Last Big Liability

The Portuguese steel-structures group Martifer will pay GBP9 million (about EUR10.4 million) to settle a long-running Court of Session case over the Scottish Event Campus in Glasgow, closing what it calls its sole remaining contingent liability as a takeover battle plays out.

The Portugal Brief 01 Aug 2026

The Sines refinery and industrial-port complex in Portugal, with flare stacks, chimneys and gantry cranes against the sky

Portugal Opens Just EUR30 Million of a Promised EUR100 Million for Its Energy-Hungry Factories

Portugal has opened only EUR30 million - down from EUR50 million last year - of the EUR100 million promised to help energy-intensive factories with EU carbon costs passed through in their electricity bills, leaving Portuguese industry near the bottom of Europe's support league.

The Portugal Brief 01 Aug 2026

The Sete Cidades crater lake and green caldera fields on Sao Miguel island in the Azores, seen from the rim above

The Azores Log a Ninth Straight Month of Falling Overnight Stays as Local Lodging Empties

Tourist overnight stays in the Azores fell 3.8% in June, a ninth consecutive monthly decline, as local short-term rentals and rural tourism emptied out while hotels held on - and the Ponta Delgada Chamber of Commerce demanded an urgent response on air access and promotion.

The Portugal Brief 01 Aug 2026

Super Bock Agrees a Phased 35-Hour Week and a 2.3% Pay Rise in a Five-Year Deal With Its Union

The Super Bock Group and the union Sintab have signed a five-year deal phasing the drinks maker's staff down to a 35-hour week and raising pay 2.3%, with a EUR75 minimum backdated to January - a rare private-sector move to the shorter week.

The Portugal Brief 01 Aug 2026

The stone facade of the Ministerio das Financas at Praca do Comercio in Lisbon, with the words MINISTERIO DAS FINANCAS engraved in the marble surround

An Engineer Takes the Helm of Portugal's Tax Authority, Ending Helena Borges's Eleven-Year Tenure

Mario Campos, a systems engineer who has spent a decade inside the tax office, became director-general of Portugal's Tax and Customs Authority on 1 August, ending Helena Borges's eleven-year tenure and making digital transformation and the fight against evasion his priorities.

The Portugal Brief 01 Aug 2026

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