Latest news and stories about state budget in government in Lisboa, Portugal for expats and residents.
The UGT national secretariat convenes to discuss labour law reform, while the Assistant Secretary of State and Energy addresses Parliament on the Middle East conflict's economic impact, alongside the Public Finance Council's latest report.
This Wednesday features key economic data releases from the INE, a parliamentary hearing for Joaquim Miranda Sarmento, the election of the Nova University of Lisbon rector, and significant institutional inaugurations alongside political debates.
The article critiques Carlos Moedas for his political maneuvers, particularly his secretive agreement with the far-right party Chega, which contradicts his public image as a reformist. It highlights the lack of transparency in his dealings and the implications for his governance in Lisbon, emphasizing that he can no longer blame external factors for inaction. The piece calls for Moedas to focus on effective governance rather than personal political ambitions, as he now holds a majority that was not directly granted by the electorate.
Moedas has secured an absolute majority with former Chega members, raising questions about the implications for Lisbon's political landscape and whether this shift marks the end of certain political red lines.
The Government continues to look for new funding sources for the expansion of the Lisbon Metro's Red Line and admits that the final option could be the State Budget (OE). The Secretary of State for Mobility, Cristina Pinto Dias, said this Tuesday that this could be the solution, after the funds...
Finance Minister Joaquim Miranda Sarmento expects Portugal to end the year with a near-zero budget balance, avoiding a deficit despite the costs of recent storms and geopolitical tensions. Speaking at an event for state-owned enterprise managers in Lisbon, he highlighted the country's solid fiscal trajectory and projected GDP growth of around 2%. The government also plans to simplify the state business sector to improve efficiency, transparency, and autonomy, while aiming to reduce public debt to below 80% by the end of the legislative term.
Castro Almeida, Minister of Economy, assured this Monday, May 4, that over 21 billion euros of the PTRR were not budgeted, representing 'new money', and highlighted the importance of the private sector in the plan. The minister clarified that only 4% of the PTRR had previously defined funding, while one-third of the total allocation is private investment. Luís Montenegro also announced the 22.6 billion euro PTRR and a mandatory insurance scheme for seismic risk.
The main highlight of this week's DV is: Two-thirds of the major measures in the new RRP were already planned in the State Budget. The main photo focuses on a new business that is thriving: German company FRS sails towards revenues exceeding two million with corporate cruises on the Tagus. Also highlighted is an interview with Boris Walbaum, founder of the disruptive Forward College: 'The world is moving faster than universities, and the gap is widening.' Read these and other topics from this week's Dinheiro Vivo in the full supplement, which you can download here. See the front page in detail.
The opposition believes that, with the RRP, the Government has merely staged another propaganda stunt. Also in this newspaper, King Charles III's visit to the USA and a preview of the SCP vs Tondela match.
Prime Minister Montenegro announces the total cost of the Recovery and Resilience Plan (PTRR) will reach 22.6 billion euros.
The document was presented by the Prime Minister this Monday.
The 'Portugal Transformation, Recovery and Resilience' (PTRR) programme will have a budget of 22.6 billion euros, utilising national public funding (37%), private funding (34%), and European funds (19%), according to the final version of the programme presented this Tuesday at Parque das Nações in Lisbon, three months after the storm Kristin and a...
The opposition criticised management choices, and the executive did not respond to questions regarding the EGEAC workers' protest.
The measure aims to support the destruction caused by the low-pressure systems Kristin, Leonardo, and Marta. The extraordinary meeting of the Council of Ministers is scheduled to begin at 10:00 am at São Bento.
Members of parliament and three external figures will analyse organisations that operate alongside the Assembly of the Republic and have an increasing impact on the budget. The initiative follows identified failures.
The President of the Assembly of the Republic will establish a working group to analyse the independent administrative entities operating alongside parliament, which have been increasing in recent years and have a growing budgetary impact.
José Manuel Fernandes presented the response measures to the winter storms this morning. Applications for support are open until April 30th.
Lisbon closed the (electoral) year of 2025 with a positive budget balance of 142.3 million euros, almost six times higher than the 24.6 million recorded in 2024, in a year in which the council strengthened tax and tourism revenue, and presented a net result of 63.2 million euros, after having previously reported a loss...
The (presumed) end of the soap opera surrounding the election of Constitutional Court judges, the new President of the Republic's car tour, and the clouds gathering on the Government's horizon.
The Prime Minister sends a message to the UGT, stating that if the agreement within the social concertation fails, it will be “inexcusable”. Additionally, the Lisbon Metro expects the service to be closed from 11 PM onwards.
Lisbon City Council has approved two compensation payments totaling nearly 40 million euros due to court rulings related to the Alvalade XXI Complex and the extension of Avenida dos Estados Unidos da América.
The Lisbon City Council is set to pay over 37 million euros in two compensation settlements linked to urban planning decisions from the 1990s, including 19.6 million to the heirs of land for the Alvalade XXI complex and 17.3 million to companies involved in construction works in Chelas. Discover this and other top stories in the national press this Wednesday.
Azul has filed a lawsuit against TAP, claiming approximately 189 million euros in the Central Civil Court of Lisbon. Pinto Luz states that the litigation will remain the responsibility of the Portuguese State and will not be transferred to future buyers.
PS leader José Luís Carneiro has gone on the attack today, accusing the government of “making money at the expense of citizens’ sacrifices”. On a ‘walkabout’ in Benfica market (where The post PS leader accuses government of ‘making money at expense of citizens’ sacrifices’ appeared first on Portugal Resident.
PS Secretary-General José Luís Carneiro has accused the Government of profiting from the public's sacrifices, claiming the state stands to gain an extra 500 million euros in VAT revenue if inflation exceeds forecasts by 1.5 percentage points. During a visit to the Benfica Market in Lisbon, Carneiro criticised the government's current measures to combat the rising cost of living as insufficient, reiterating the Socialist Party's call for a zero-VAT rate on essential goods and tax relief on fuel and energy.
The PS Secretary-General argues that the State will collect an additional 500 million euros if inflation remains 1.5 percentage points above the forecast.
The commission will seek alternative financing solutions, reconsider the payment structure to the private partner, and mitigate litigation risks. The government is not committing to any deadlines.
The Government has decided to create a negotiation committee to review the management contract for the future Lisbon Oriental Hospital (HLO), following the loss of funding previously allocated under the Recovery and Resilience Plan (PRR), according to the order published this Monday in the Diário da República. The measure aims to adapt the financial model of the...
