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Government Unveils Its €22.6 Billion Portugal Transformação, Recuperação e Resiliência Plan With 96 Measures Through 2034 — But DN/DV Finds 65% of the Headline Spend Already Sat Inside the OE2026 Six Months Ago

Government Unveils Its €22.6 Billion Portugal Transformação, Recuperação e Resiliência Plan With 96 Measures Through 2034 — But DN/DV Finds 65% of the Headline Spend Already Sat Inside the OE2026 Six Months Ago

Luís Montenegro's new PTRR packages €22.6bn through 2034 across three pillars — Recover (€5.33bn), Protect (€14.97bn), Respond (€2.32bn). DN/DV's read of the 96-measure annex finds 65% of the headline spend was already locked into October's OE2026.
The Portugal Brief
Paulo Mirpuri, Founder of Air Luxor and Hi Fly, Has Died — A Lisbon Aviation Pioneer Who Built Portugal's Largest Charter Operator and the Conservation Foundation Behind It

Paulo Mirpuri, Founder of Air Luxor and Hi Fly, Has Died — A Lisbon Aviation Pioneer Who Built Portugal's Largest Charter Operator and the Conservation Foundation Behind It

Paulo Mirpuri died Saturday 2 May 2026. The Lisbon entrepreneur founded Air Luxor in 1988 (peak 2002: 1M passengers, €100M revenue) and Hi Fly in 2005, the charter and ACMI operator that put Portuguese widebodies on every continent and ran the only A380 in the world outside scheduled service.
The Portugal Brief
Bruxelas Has Until the End of May to Approve Portugal's €516 Million PRR Reprogramming — Schools, Housing, Health and BRT Braga Lose, IFIC Gains €277.5 Million as the August 2026 Cliff Closes

Bruxelas Has Until the End of May to Approve Portugal's €516 Million PRR Reprogramming — Schools, Housing, Health and BRT Braga Lose, IFIC Gains €277.5 Million as the August 2026 Cliff Closes

Brussels has until the end of May to approve Portugal's €516M PRR reprogramming. Schools, housing, primary care and BRT Braga lose; IFIC gets €277.5M, hydrogen €11.9M, forest equipment €14.6M, grid €20M. EMRP flags €500M more at reform-side risk by August. 14 projects sit in critical state.
The Portugal Brief