Portugal's Public-Works Tenders Are Running 44% Behind Last Year as the PRR Fades, and the Builders' Body Warns of a 2027 Squeeze
The builders' association AICCOPN says the value of public-works tenders launched in the first five months of 2026 ran 44% below 2025 as the PRR winds down and the Finance Ministry tightens spending, warning the squeeze will bite in 2027.