Latest news and stories about transparency in finance in Portugal for expats and residents.
Alexandra Leitão and other political figures debate the controversial decision to anonymize political party donor identities, citing data protection concerns while critics warn of a significant setback for democratic transparency and public scrutiny.
Four public entities have withdrawn from an anti-fraud think tank focused on European funds, including the Inspectorate-General of Finance and the Prosecutor-General's Office.
The article discusses the urgent need for regionalisation in Portugal, highlighting how recent severe weather events have exposed the country's vulnerabilities due to an excessively centralised governance model. It argues that the lack of administrative regions creates a governance void that hampers effective civil protection, resource management, and policy integration. The author advocates for an elected regional level to enhance accountability and transparency, emphasizing that decentralisation must be paired with robust information systems to ensure effective governance. The piece concludes that regionalisation is essential for adapting to climate change and improving democratic engagement.
The Bank of Portugal only states that the share purchase was reversed, without clarifying whether Álvaro Santos Pereira disposed of the shares through sales.
The president of the CAP (who was clear), the Minister of Justice (who was confusing), and the Governor of the Bank of Portugal (who should speak) are the Good, the Bad, and the Ugly.
By Carlos Rodrigues
The Bank of Portugal only states that the share purchase was reversed, without clarifying whether Álvaro Santos Pereira disposed of the shares through sales.
Around Christmas, two months after taking office as Governor of the Bank of Portugal, Álvaro Santos Pereira increased his investment portfolio by purchasing shares in Galp Energia and Jerónimo Martins, as reported by Público (subscription required). He disclosed the transaction to the European Central Bank (ECB) in his declaration of...
The morning briefing reports that Santos Pereira expanded his equity holdings during his tenure as the head of the central bank.
An analysis of Portugal using data-driven insights from the analisa.pt platform.
The president of the Court of Auditors (TdC), Filipa Urbano Calvão, has expressed concern over proposed changes to the institution's oversight of public contracts. She warned that raising the threshold for prior audit to 10 million euros and easing financial liability for public managers could leave public finances vulnerable, stressing that public administration cannot be managed like a private company where the risk is borne by the community rather than the manager.
The Government's proposal to eliminate prior approval for public contracts up to 10 million euros is a flagrant demonstration of irresponsibility and contempt for the sound management of public finances. More than a mere bureaucratic change, it is an explicit invitation to negligence and laxity on the part of public managers. Reducing the...
The Governor argues that it is necessary to strengthen transparency in this sector.
The leader of the PS-Azores accuses the Government of a lack of transparency in the use of Lajes and speaks of a “very” complicated situation in the Azores' coffers.
The Bank of Portugal continues to leave the exact and detailed terms of the agreement that led Mário Centeno to leave the institution and retire at 59 unclear. ECO revealed almost a week ago that the former governor signed an agreement that allowed him to leave the central bank, where he remained as a consultant...
At issue are the Constitutional Court rulings that rejected the appeal filed by the Prime Minister to prevent the inclusion of clients in the single income declaration.
The CEO of REN warns that the rise in fuel prices is expected to impact the gas and electricity bills of families and businesses. Following the Constitutional Court's rejection of the Prime Minister's appeal against the Transparency Entity, five ministers must now submit their client lists to that body.
In a military re-equipment programme of the scale and significance of €5.8 billion, transparency demands targets, indicators, reports and accountability to Parliament and to the country.
Lobbying will now be able to be carried out by individuals and private companies with public bodies prior to political decisions being taken.
The method used to fill leadership posts reveals “a persistent pattern of lack of transparency, rooted in prolonged interim appointments,” the union says.
According to the Tax Workers' Union, these appointments 'reinforce the perception that senior and managerial posts have become a parallel career path, accessible only to those already in post'.
The company expects to begin construction this year. The Left Bloc says it views the Government's support with 'deep concern' and challenges the Executive to produce the contractual documentation.
The European Court of Auditors highlights “some risks in terms of compliance, transparency, accountability and the ability to trace how funds are spent”.
Rui Armindo Freitas told the Transparency Authority last September that term and demand deposits had fallen by €3.27 million, but the whereabouts of the money are not apparent.
Gouveia e Melo says he has only one income to declare: his Navy income. The candidate also says he is willing to disclose who the campaign's funders are.
It is Marques Mendes' turn to be questioned about amounts he must justify. And also: Lisbon's budget has been approved — but will anything change?
Eurobarometer data reveals that 45% of Portuguese respondents want more clarity and transparency in energy bills, while 39% call for better protection for vulnerable consumers.
The association advocates for the creation of a national rental registry to make contract registration mandatory, combat tax evasion, increase transparency, and lower prices.
