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Heavy night rush-hour traffic streaming across the illuminated Vasco da Gama bridge over the Tagus in Lisbon, dense with red tail-lights and white headlights

About 121,000 Vehicles Are on Portugal's Roads Without Insurance, the Sector Regulator Counts

A new ASF study estimates some 121,000 vehicles circulate in Portugal without mandatory third-party cover — a 'significant risk' the regulator says is rising, with the Motor Guarantee Fund's claims up 15% this year and penalties for driving uninsured running to €2,500, a licence ban and vehicle seiz

The Portugal Brief 13 Jul 2026

View over the terracotta rooftops of Lisbon's Alfama towards the white curved Lisbon Cruise Terminal on the Tagus riverfront, with a ship on the water

The Port of Lisbon Logged Its Busiest-Ever June for Cruises, With 81,735 Passengers Up 53% on 2025

The Port of Lisbon handled a record 81,735 cruise passengers in June, up 53% on June 2025 and above the previous 2024 high, across 37 ship calls — its busiest June ever — as high-spending turnaround traffic led the first half's steadier 5% growth.

The Portugal Brief 13 Jul 2026

The green glass tower housing the Ministry of Labour, Solidarity and Social Security at Praça de Londres in Lisbon, seen from below against a blue sky

Two Years On, the PSD Has Turned 15 of 18 Social Security District Directors From Socialist-Linked to Its Own

The leadership of the Social Security Institute's 18 district centres has been fully reversed under Luís Montenegro's government: where 15 directors once had Socialist ties and three no affiliation, 15 are now aligned with the governing PSD. The turnover, overseen by Minister Maria do Rosário Palma

The Portugal Brief 13 Jul 2026

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

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