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A rocket lifting off, illustrating the launch of Earth-observation satellites

CEiiA Pairs With Telespazio Ibérica to Federate Iberian Satellite Constellations as Portugal’s Space Sector Targets a €3 Billion Market

Portuguese engineering centre CEiiA has signed a letter of intent with Spain’s Telespazio Ibérica to federate Iberian satellite constellations — a step toward European space sovereignty as Portugal’s NewSpace cluster chases a fast-growing market.

The Portugal Brief 24 Jun 2026

The Dom Luís I Bridge over the River Douro at sunset, with the Porto and Gaia riverfronts

Porto and Gaia Reject the Road Deck on the Douro High-Speed Rail Bridge, Pressing the Government to Redirect the Funds to a €25 Million Pedestrian-and-Cycle Crossing

The mayors of Porto and Gaia want the car deck dropped from the new high-speed rail bridge over the Douro, arguing the money should pay for a €25 million pedestrian-and-cycle crossing instead. The environmental consultation closes on 29 June.

The Portugal Brief 24 Jun 2026

Cimpor Spins a 40% Cut in Its Own Power Bill Into a New Energy-Services Business — Portuguese Industry Races for Self-Generation as Energy Devours a Fifth of Operating Costs

Cimpor Spins a 40% Cut in Its Own Power Bill Into a New Energy-Services Business — Portuguese Industry Races for Self-Generation as Energy Devours a Fifth of Operating Costs

Cement maker Cimpor has launched an energy business unit built on in-house expertise that cut its own electricity bill by around 40%. The move tracks a wider scramble in Portuguese industry to self-generate, as energy eats up to a fifth of operating costs.

The Portugal Brief 23 Jun 2026

Government Chases Fresh Tourism Markets in Latin America and Asia as Growth Cools to a 'Consolidation' Year — Turismo de Portugal Stakes Out Offices From Mexico to Australia

Government Chases Fresh Tourism Markets in Latin America and Asia as Growth Cools to a 'Consolidation' Year — Turismo de Portugal Stakes Out Offices From Mexico to Australia

Secretary of State for Tourism Pedro Machado wants new source markets in Latin America and Asia as growth moderates. Turismo de Portugal will open offices from Mexico to Australia in 2026, targeting up to 5.5% revenue growth and around 34 million guests.

The Portugal Brief 23 Jun 2026

Just 16% of Portuguese Save More Than a Fifth of Their Income, XTB-Nova SBE Survey Reveals — Bank Deposits Outrank Brokers While High Fixed Costs Squeeze the Rest

Just 16% of Portuguese Save More Than a Fifth of Their Income, XTB-Nova SBE Survey Reveals — Bank Deposits Outrank Brokers While High Fixed Costs Squeeze the Rest

A Nova SBE survey for broker XTB finds 72% of Portuguese can save, but more than a third put away just 5-10% of income and only 16% save above 20%. Bank deposits (32%) still beat savings certificates and brokers as the favoured home for money.

The Portugal Brief 23 Jun 2026

Markets, Business & Tech Briefing: PSI Slips 0.34%, Jerónimo Martins Sinks 3.4%, Oil Drags Galp

Markets, Business & Tech Briefing: PSI Slips 0.34%, Jerónimo Martins Sinks 3.4%, Oil Drags Galp

The latest Portugal news, analysis, and what it means for expats and residents.

The Portugal Brief 23 Jun 2026

Loan Brokers Handle More Than Half of Portugal's 2025 Consumer Lending for the First Time, Bank of Portugal Finds

Loan Brokers Handle More Than Half of Portugal's 2025 Consumer Lending for the First Time, Bank of Portugal Finds

Credit intermediaries arranged 50.6% of consumer loans in 2025 — the first time the channel has crossed half since it was regulated in 2018. They handled 57% of mortgages and 82.6% of car finance, the Bank of Portugal reports.

The Portugal Brief 23 Jun 2026

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