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Stack of euro banknotes representing the €1 billion BEI-funded post-tempestade credit envelope opened by Banco Português de Fomento on 1 June 2026

Banco Português de Fomento Routes a €1 Billion BEI-Funded Post-Tempestade Line — €500M SME Tranche to 12 Years, €250M via Commercial Banks, €250M for 30-Year Infrastructure Loans as Guarantee Applications Pass €1.9 Billion

BPF president Gonçalo Regalado opens a €1B post-tempestade credit envelope on 1 June — €500M direct SME loans to 12 years, €250M via commercial banks, €250M for 30-year infrastructure loans. Existing storm guarantees total €1.9B applications, €1.5B+ approved.
The Portugal Brief
DGRM Activates the 1 June Live-Bivalve Movement-Record Regime Across Continental Portugal — Estabelecimento Conexo Pass-Through Routes the Tejo Amêijoa-Japonesa Trail and Hooks the Six DGAV Criteria

DGRM Activates the 1 June Live-Bivalve Movement-Record Regime Across Continental Portugal — Estabelecimento Conexo Pass-Through Routes the Tejo Amêijoa-Japonesa Trail and Hooks the Six DGAV Criteria

From 1 June 2026, every harvester of live bivalves must record movement on a DGRM paper document, with mandatory pass-through at a DGAV-licensed estabelecimento conexo. The regime extends the Tejo amêijoa-japonesa response to all continental bivalves under six DGAV criteria.
The Portugal Brief
Ambiente Folds a 'Superior Interesse Público' Mechanism Into the Pending Sistema Eléctrico Nacional Diploma — Renewables-Acceleration Tool Sits Against a 30 GVA Grid-Connection Backlog and a 22 July RED III Stand-Still Cutoff

Ambiente Folds a 'Superior Interesse Público' Mechanism Into the Pending Sistema Eléctrico Nacional Diploma — Renewables-Acceleration Tool Sits Against a 30 GVA Grid-Connection Backlog and a 22 July RED III Stand-Still Cutoff

Maria da Graça Carvalho told Friday's ECO conference the pending SEN diploma carries a 'superior interesse público' mechanism for renewables. The 750 MVA battery leilão lands 29 June; 30 GVA of grid-connection requests sit pending; RED III targets diploma stand-still ends 22 July.
The Portugal Brief
PSP National Director Luís Carrilho Enters the Six-Name Europol Shortlist — Mid-June Cut Trims the Field to Three for the Hague Executive Job as Lisbon Backs Portugal's First Bid for the Top Police Office

PSP National Director Luís Carrilho Enters the Six-Name Europol Shortlist — Mid-June Cut Trims the Field to Three for the Hague Executive Job as Lisbon Backs Portugal's First Bid for the Top Police Office

PSP director nacional Luís Carrilho is on Europol's six-name executive-director shortlist; the Management Board will cut to three in mid-June ahead of the 25-26 June Justice and Home Affairs Council. Minister Luís Neves backed the bid Friday at Lisbon Airport.
The Portugal Brief