🇵🇹 Daily Portugal news for expats & investors — FREE Subscribe

The Portugal Brief

Home
Politics
Economy
Guides
About

Sign in Subscribe

social-crosspost

An illuminated Pingo Doce sign and glass entrance at dusk on the ground floor of a cream apartment block in Figueira da Foz, with blue recycling bins and calcada paving in front

Markets, Business & Tech Briefing: PSI Renews Its April High, Six Capitals Push a Windfall Tax, Savings Certificates Cap Out

📋 In This Edition * Lisbon Renews Its April High on One Very Large Grocer * Six Finance Ministers Ask Dublin to Put an Energy Windfall Tax Back on the Table * Euribor's Climb Pushes Savings Certificates Into Their Legal Ceiling * Fidelidade Picks Up a French Construction Book That QBE Is Walking

The Portugal Brief 24 Aug 2026

A corrugated metal roof torn off and dumped across a village street at Amor, Leiria, with broken roof tiles scattered on the tarmac after a winter storm in Portugal

One Winter of Storms Pushed Home and Fire Insurance Payouts to 123% of Premiums, the Regulator's Second-Quarter Report Shows

The ASF's second-quarter report puts direct insurance production at €9.423 billion, up 18.1%, and estimates net results at about €461 million. But payouts in the Fire and Other Damage branch rose 195.1%, taking the paid-to-premiums ratio to 123.2%.

The Portugal Brief 24 Aug 2026

Terracotta rooftops of the Alfama district in Lisbon seen from a miradouro, with a church tower in the middle distance and the wide blue Tagus estuary beyond

A Decade After Moving to Portugal Under the Non-Habitual Resident Regime, Spanish Taxpayers Are Asking About Going Home

The RNH ran ten years per beneficiary, and the first cohort's clock has run out. Spanish lawyers report rising enquiries about the Ley Beckham, which taxes qualifying arrivals at a flat 24% on employment income up to €600,000 for six tax years.

The Portugal Brief 24 Aug 2026

Sydney Harbour on an overcast day, with the white shells of the Opera House in front of the steel arch of the Harbour Bridge and the city's office towers to the right

Australia Has Paused Work and Holiday Visa Applications From Portugal, and the Embassy Cannot Say When They Reopen

Portugal is one of 23 countries listed as 'paused' on the Department of Home Affairs caps page, against an annual allocation of 500 places. Visas already granted are unaffected, and a paused country can reopen inside the same programme year, but the embassy in Lisbon cannot forecast a date.

The Portugal Brief 24 Aug 2026

A red MAN forest-fire tanker of the Sapadores de Coimbra fire brigade parked inside its station, marked VFCI 08 with the Camara Municipal de Coimbra crest on the cab door

Asked What Each of 2025's Megafires Cost, Civil Protection Could Produce Only One Number for the Whole Year

Parliament's independent commission on the August 2025 wildfires asked what each one cost. The ANEPC could supply only an annual aggregate of about €18.8 million. No cost per fire, per expense type or per operational phase exists, and the command post's finance cell was never activated.

The Portugal Brief 24 Aug 2026

The long underground concourse at Cais do Sodre metro station in Lisbon, with parallel moving walkways, a lit ceiling strip and Saida signs for Avenida 24 de Julho and Praca Duque de Terceira

Escalators at Cais do Sodré Have Been Broken for 2,500 Days Because Two State Companies Cannot Agree Who Owns Them

Metro figures cover 234 escalators, 133 lifts and 10 travelators across 46 stations. February 2026 was the worst month yet, with 38 lifts and 40 escalators stopped at once. One set at Cais do Sodré has not moved since 2019, stranded by a dispute with Infraestruturas de Portugal.

The Portugal Brief 24 Aug 2026

Aerial view of a utility-scale photovoltaic plant at Bensafrim, near Lagos in the Algarve, with long rows of blue solar panels covering rolling scrubland and dirt access tracks between them

Insolvency Catches Up With the British Owner of Solara4, Portugal's Largest Solar Plant at Alcoutim

Welink Energy Portugal 2 UK Limited, which holds the roughly 220 MW plant in the eastern Algarve, has entered insolvency after output came in below forecast and Iberian wholesale prices fell. Investec and Kommunalkredit are owed about €64 million; the Chinese builder claims €143 million.

The Portugal Brief 24 Aug 2026

Subscribe to The Portugal Brief

Don't miss out on the latest news. Sign up now to get access to the library of members-only articles.

Sign up
Privacy Policy
Terms of Service
Partner with Us
Editorial Standards

The Portugal Brief © 2026. Powered by Ghost

Operated by Thrifty Explorations LLC.

[email protected]