President Seguro has promulgated the decree extending SIFIDE II — the country's biggest business tax break — through the 2026 tax year, while ending the fund-based route that had parked some €2 billion in tax-driven vehicles. What the credit offers, up to 82.5% of R&D spend, and what changed.
President Seguro has promulgated the 'lei das burcas', banning clothing intended to conceal the face in public spaces, with fines of €150 to €3,000 and broad exceptions for health, work, security and places of worship. What it does and does not cover, and why its practical reach is narrower than the
A worldwide bond selloff has pushed government borrowing costs to multi-decade highs. Portugal's debt ratio is still falling, but the bill to service that debt is quietly rising.
Between January and mid-August, 6,572 rural fires broke out in Portugal, the most in four years, yet they burned just 60,572 hectares, roughly a quarter of last year's toll.
At back-to-back Algarve rentrees, Montenegro floated a decade in power on his jobs-and-growth record, while the Socialists set out the price of letting the 2027 State Budget pass.
Buyers poured €508 million into Portuguese hotels in the first half of 2026 — up 54% year on year and already past the whole of last year — led by Orion's €100 million-plus purchase of the Corinthia Lisbon, even as occupancy rates softened.
The European Central Bank has revoked the authorisation of Banco Empresas Montepio, the small corporate bank Montepio had spent three years trying to sell to the fintech Rauva for €35 million. With no licence left, the deal is dead — though Banco Montepio's own customers are untouched.
