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Mario Centeno Retired at 72% of Final Salary While Still Sitting on Bank of Portugal Council

Mario Centeno Retired at 72% of Final Salary While Still Sitting on Bank of Portugal Council

Mario Centeno, Portugal's former Bank of Portugal governor and finance minister, retired in March 2026 with a pension equivalent to 72% of his final salary at the central bank, according to testimony delivered today by current Governor Alvaro Santos...

The Portugal Brief 01 Apr 2026

Portuguese Term Deposit Interest Rates Rise for First Time Since October 2025

Portuguese Term Deposit Interest Rates Rise for First Time Since October 2025

Interest rates on term deposits in Portugal rose month-on-month in February 2026, marking the first increase since October 2025 and breaking a five-month streak of declining returns for Portuguese savers, according to data released today by the Bank...

The Portugal Brief 01 Apr 2026

6,000 Credit Entities Face Stricter Rules Under Portugal's New Consumer Protection Crackdown

6,000 Credit Entities Face Stricter Rules Under Portugal's New Consumer Protection Crackdown

More than 6,000 entities authorized to grant or broker credit in Portugal will soon face tighter rules designed to prevent mis-selling and improve transparency, according to announcements made today by financial regulators. The new framework targets...

The Portugal Brief 01 Apr 2026

Portugal's IRS Filing Season Opens Today with Expanded Automatic Returns — What You Need to Know

Portugal's IRS Filing Season Opens Today with Expanded Automatic Returns — What You Need to Know

Portugal's annual tax filing season officially opened on April 1, giving residents three months to settle their accounts with the Tax Authority for the 2025 fiscal year. This year's campaign runs through June 30, and officials say a growing number...

The Portugal Brief 01 Apr 2026

Immigration-Related Crime Surges 251% as Portugal Notifies 23,000 to Leave Country

Immigration-Related Crime Surges 251% as Portugal Notifies 23,000 to Leave Country

More than 23,000 undocumented immigrants were formally notified to leave Portugal in 2025, according to the Annual Internal Security Report (RASI) released Monday, as immigration-related crime surged by 251% year-over-year. The report, presented by...

The Portugal Brief 01 Apr 2026

Portugal's Inflation Hits Seven-Month High at 2.7% as Energy Prices Surge

Portugal's Inflation Hits Seven-Month High at 2.7% as Energy Prices Surge

Portugal's annual inflation rate climbed to 2.7% in March 2026, up from 2.1% in February and marking the highest level since August 2025, according to preliminary estimates released Monday by Statistics Portugal (INE). The acceleration was primarily...

The Portugal Brief 01 Apr 2026

Portugal Reopens Tourism Training Program for Migrants with 1,000 New Places

Portugal Reopens Tourism Training Program for Migrants with 1,000 New Places

Turismo de Portugal launches second edition of 'Integrar para o Turismo' with longer internships, higher stipends, and financial literacy modules—a response to chronic labor shortages and first-edition dropout rates.

The Portugal Brief 01 Apr 2026

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