ECO of the Week: 2027 Budget, Rubio in Lisbon, and BdP projections
The week is defined by the submission of the 2027 State Budget, the Bank of Portugal's latest economic projections, and Marco Rubio's visit to Lisbon.

Latest news and stories about investment in government in Lisboa, Portugal for expats and residents.
The week is defined by the submission of the 2027 State Budget, the Bank of Portugal's latest economic projections, and Marco Rubio's visit to Lisbon.

A profile of Álvaro Santos Pereira, highlighting his early ambition in Viseu, his academic journey, and his reputation as a governor who maintains a sharp critical perspective and rejects cronyism.

The Socialist Party has formally requested documentation regarding recent modifications to the construction plans for the new Banco de Portugal headquarters.

Economist Ricardo Reis predicts that inflation will peak between 3% and 3.5% following his participation in the ECB Forum in Sintra.
The Sana hotel group, already owing over four million euros in rent for the Quartel da Graça concession, has formally requested a contract review citing a need for financial rebalancing.

The Portuguese government has unveiled its National Data Centre Plan to boost digital infrastructure investment, receiving cautious optimism from industry experts who emphasize the critical need for effective execution.

Joom CEO Ilya Shirokov warns that proposed changes to Portugal's nationality law create market uncertainty and hinder the recruitment of international talent, noting that the company has already lost potential candidates to Germany.

Portugal is seeking to enhance its appeal to Middle Eastern investors, particularly from Qatar, by shifting its marketing strategy beyond just its favorable climate. In Doha, representatives from Startup Portugal are engaging with local entrepreneurs to promote investment opportunities in the country.

Alexandra Leitão, Lisbon city councillor for the Socialist Party, analyzes the housing crisis in Portugal.

The president of NAV argues that the new control tower in Lisbon is not dependent on expanding the capacity of the current airport, which does not have guaranteed environmental approval. The project will move forward in 2027.

Portugal's potential candidacy to host the Olympic Games could be delayed until after 2036.


Two more satellites of the Atlantic Constellation are expected to be launched on the 19th, announced Nuno Melo, Minister of Defence, this Tuesday. If everything goes as planned, two more satellites will be launched into space on the 19th. Two are already in orbit. They are part of the 24 satellites of the Atlantic Constellation, which allowed, among other things...


The week in 30 seconds. Galp presents its third-quarter operational data and is expected to report a surge in refining margins during a period in which the price of a barrel of Brent crude jumped 42% amid the new escalation of the war in the Middle East. The International Monetary Fund releases the World Economic Outlook, in the context...

Miranda Sarmento denied the existence of any possibility of the State acquiring a minority stake in that bank.

Isabel Ucha expresses a desire for Portugal to adopt lessons from Ireland, Spain, and Greece regarding the implementation and management of investment savings schemes.

The PS secretary-general expressed doubts this Friday as to whether the funds provided in the State Budget for post-PRR projects and storm damage are sufficient, accusing the Government of showing 'insensitivity' to the problems faced by people. On the sidelines of a visit to the October Fair in Vila Franca de Xira, José Luís...

In statements to Observador, Mário Centeno dismisses any conflict of interest regarding his move to work for the Spanish group that bought EuroBic while he was governor of the Banco de Portugal.

The reinforcement, which is still subject to approval by the Court of Auditors, comes after the State acquired 13.7% of REN from Pontegadea Inversiones.

Following the purchase of a 13.7% stake from Amancio Ortega, owner of Zara, the Government decided to increase its capital in the energy network operator.


Public accounts should serve as an 'instrument to stimulate innovation and entrepreneurship' while reducing bureaucracy remains a necessity, according to the National Association of Young Entrepreneurs (ANJE). In a statement, the organization acknowledges that the 2027 State Budget proposal, released Thursday, shows 'positive signs for the competitiveness of the Portuguese economy', such as the reduction of corporate income tax (IRC) and incentives for business capitalization. However, ANJE calls for additional measures, suggesting that the State should actively act as a first customer for innovative solutions, allowing startups to validate products and services by meeting the needs of Public Administration. The association also urges the reduction of licensing and payment delays, the elimination of redundant obligations, and the creation of a more favorable tax framework for risk investment.

The first edition of the forum will take place in Lisbon, on the sidelines of the Web Summit, with the aim of identifying new business opportunities and promoting cooperation in different areas.

The journalist had two questions – one for Marco Rubio and one for Paulo Rangel – but they were direct and broadly related to the theme: European dependence on China and restrictions on Beijing's investments in strategic sectors such as energy and banking in Portugal. The heads of diplomacy from the US and...

Of the 541.7 million euros allocated to Culture in the 2027 State Budget, the Government plans an investment of 45.5 million euros, representing 8.4% of the total budget. This will be primarily used for the conservation and renovation of the São Carlos National Theatre, which is already closed for works; the renovation of the Burnay Palace; and the modernisation...

Helena Ferro Gouveia views Marco Rubio's visit to Portugal through the lens of “economic diplomacy.” The international affairs analyst believes the US came to “do business” with its loyal ally.


