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Candlestick stock chart trending upward on a trading screen

Markets, Business & Tech Briefing: PSI Ends Week at One-Month High as EDP Powers Late Rally

Weekend edition — Saturday, 4 July 2026. Euronext Lisbon is closed Saturday and Sunday, so the figures below reference Friday's 3 July close. Trading resumes Monday. Here is the week in review — a soft start that gave way to a powerful two-day finish — plus the corporate stories that mattered

The Portugal Brief 04 Jul 2026

The Braga Brief — Week of 4 July 2026: A Red-Alert Heatwave Grips the Minho, the City Pulls the Plug on Shared E-Scooters, and Vicens's Braga Opens Pré-Época With a Win

The Braga Brief — Week of 4 July 2026: A Red-Alert Heatwave Grips the Minho, the City Pulls the Plug on Shared E-Scooters, and Vicens's Braga Opens Pré-Época With a Win

A red-alert heatwave grips the Minho as Braga's health unit opens 35 extra beds and a Barcelos fire is contained; City Hall pulls every shared e-scooter off the streets; Vicens's Braga opens pré-época with a 1–0 win and draws Železničar Pančevo; and UMinho collects a summer of prizes.

The Portugal Brief 04 Jul 2026

A cluster of green avocados hanging from a branch on an avocado tree, with foliage blurred behind

From Avocados to Mango and Azorean Coffee, a Warming Portugal Turns Increasingly Tropical as Traditional Orchards Struggle

Avocado orchards now top 2,100 hectares in Portugal, mostly in the Algarve, as a warming climate makes room for mango, kiwi and even Azorean coffee — while traditional fruit and vines struggle. The catch: thirsty crops spreading through a drought-prone region.

The Portugal Brief 04 Jul 2026

Rows of photovoltaic solar panels across a green hillside at a Portuguese solar power plant under a clear blue sky

Portugal Sends the Last Coal Plant's Spare Grid Capacity to Auction, Offering 300 MW at Pego to Renewables Only

The government is auctioning 300 MW of grid-connection capacity at the Pego node — where Portugal's last coal plant closed in 2021 — reserved for renewables only. It sits alongside a 750 MW battery-storage auction, part of a post-blackout push for grid resilience.

The Portugal Brief 04 Jul 2026

The neoclassical Palacio de Sao Bento in Lisbon, seat of Portugal's Parliament, flying the national flag as a yellow tram passes below

Portugal's Civil-Service Unions Put the Multi-Year Pay Deal Back on the Table, Eyeing Raises Above 2.3% for 2027 as Inflation Forecasts Climb

Portugal's public-sector unions warn they may reopen the multi-year pay accord that fixes 2.3% raises for 2027, arguing inflation forecasts of up to 3.4% would erode real wages. The meal allowance, set to reach €6.60 by 2029, is a flashpoint; unions want €10.

The Portugal Brief 04 Jul 2026

A stack of euro banknotes of various denominations spilling from a white envelope onto a wooden surface

Portugal's Tax Authority Claws Back a Record €1.55 Billion in Enforced Collection as Fraud Tip-Offs Drop 21%

The Tax Authority recovered a decade-high €1,550.2 million through enforced collection in 2025, up 10% on the year, with VAT leading at €523.6 million, per the fraud-and-evasion report sent to Parliament. Tax-fraud tip-offs fell 21% to 5,710, even as criminal cases opened rose 6% to 5,184.

The Portugal Brief 04 Jul 2026

Aerial view of a steel mobile-phone telecommunications tower with antennas and microwave dishes in open countryside

Anacom Proposes Renewing Meo, NOS and Vodafone Spectrum Only to 2033–2042, Drawing a Sharp Industry Rebuke

Telecoms regulator Anacom has published a draft decision renewing the spectrum of Meo, NOS and Vodafone for terms running only to 2033–2042 — six to 14 years, well short of what operators wanted. Industry body Apritel calls it a wrong decision, profoundly damaging for Portugal.

The Portugal Brief 04 Jul 2026

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