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A TAP Air Portugal Airbus A320, registration CS-TVB, on the runway at Lisbon airport

TAP's Sale Enters Its Final Fortnight as Lufthansa and Air France-KLM Ready Binding Bids Due 29 July

Lufthansa and Air France-KLM have until 29 July to lodge binding offers for a stake in TAP, with the State keeping 50.1% control. Their chief executives held final talks in Lisbon this week, and with the two industrial projects judged 'equivalent', price is set to decide the winner — a call expected

The Portugal Brief 13 Jul 2026

The yellow neoclassical headquarters of Portugal's Ministry of Finance in Lisbon, flying the Portuguese and European Union flags

Portugal's Finance Ministry Lowers Its 2026 Growth Forecast to 2.0% and Gives Up Its Budget Surplus

In a medium-term plan progress report to Brussels and Parliament, the Finance Ministry cut its 2026 GDP growth forecast to 2.0% from 2.3%, lifted its inflation outlook to 2.5% and let its projected 0.1% surplus slip to a neutral balance — blaming winter storms and Middle East oil, yet still outpacin

The Portugal Brief 13 Jul 2026

A laptop screen showing a green-and-red candlestick stock chart trending upward, set against dark, out-of-focus city lights

Markets, Business & Tech Briefing: PSI Edges Up 0.3%, Galp Leads as Navigator Slides, 10-Year Yield Near 3.5%

📋 In This Edition * Portuguese Equities * Blue-Chip Movers * Government Bonds * Euro and the Dollar * Corporate Focus: Galp and the Sines Refinery * Deal Watch: Mota-Engil's Congo Rail Mandate * The Week Ahead Portuguese Equities Lisbon opened the week with a quiet gain. The benchmark PSI index added about 0.3% on

The Portugal Brief 13 Jul 2026

Ancor, a Vila do Conde Stationery Maker, Adds the Historic Ambar Brand to Its Stable

One of Portugal's best-known stationery names has changed hands: Ancor, a Vila do Conde manufacturer, has bought Ambar, the octogenarian brand whose notebooks and school supplies have furnished Portuguese classrooms for generations.

The Portugal Brief 13 Jul 2026

Mota-Engil Lands €185 Million in Mexican Urban-Mobility Contracts, Adding 16 Months to Its Order Book

Mota-Engil Lands €185 Million in Mexican Urban-Mobility Contracts, Adding 16 Months to Its Order Book

The Lisbon-listed construction group told the market it had secured two contracts in Mexico — an elevated viaduct and a broader urban-mobility scheme — reinforcing a Latin American business that has become central to its growth.

The Portugal Brief 13 Jul 2026

Scrapping Interior and Algarve Motorway Tolls Handed Foreign Vehicles a €12 Million Free Ride in 2025, Concessionaires Estimate

Scrapping Interior and Algarve Motorway Tolls Handed Foreign Vehicles a €12 Million Free Ride in 2025, Concessionaires Estimate

Vehicles registered abroad avoided about €12 million in charges last year after Portugal removed tolls on interior and Algarve motorways — a cost the concessionaires' body says has shifted onto domestic taxpayers.

The Portugal Brief 13 Jul 2026

General Daily Briefing — Monday, 13 July 2026

General Daily Briefing — Monday, 13 July 2026

Here is your Portugal briefing for Monday, 13 July 2026 — the day's six stories at a glance: * Portugal's IRS income tax shrank more than any other EU country's over the past decade, but rising social-security contributions have quietly taken its place. * Volkswagen's

The Portugal Brief 13 Jul 2026

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