Latest news and stories about government policy in finance in Lisbon, Lisboa, Portugal for expats and residents.
The war in the Middle East and the resulting energy crisis are topics that will be at the centre of the fortnightly debate. It is expected that changes to labour law will also be addressed by the opposition in the Assembly of the Republic.
This Wednesday is marked by Prime Minister Luís Montenegro's return to Parliament for a fortnightly debate dominated by the effects of the war in Iran and energy costs, on the same day that the President of the Republic, António José Seguro, begins consultations with political parties at Belém. Also in Portugal, it is the day for the presentation of...
On the day of the fortnightly debate with Luís Montenegro, the central theme is expected to be the consequences of the war on the Portuguese economy. On the same day, the head of state receives the PSD, PS, IL, and Livre parties at Belém.
The Minister of Finance stated that companies should take a leading role in the digital transition and highlighted that, despite adversities, they have managed to generate opportunities.
The Minister of Labour reconvenes with the UGT and business confederations to resume labour law reform negotiations following an appeal from the President of the Republic to resolve the recent impasse.
The party is seeking explanations for what it considers to be “scandalous benefits” for Mário Centeno, former governor of the Bank of Portugal.
The president of Chega deemed the extraordinary discount of 3.55 cents per litre on the ISP for road diesel insufficient and accused the Prime Minister of making misleading statements about an ISP discount in the last biweekly debate.
Leader of Chega, Ventura, has called on the Government to return the additional VAT revenue generated from the recent rise in fuel prices, emphasizing the need to differentiate between individuals and businesses. He criticized the Government's response to the fuel price crisis, particularly the insufficient discount on road diesel, and plans to push for an urgent debate in the Assembly of the Republic.
Thousands of demonstrators took to the streets in Lisbon and Porto to protest against the government's proposed changes to the labour law, known as the 'Work XXI' reform. Led by the CGTP union, the protests highlighted concerns that the reforms would negatively impact workers' rights. CGTP's Secretary-General, Tiago Oliveira, called for the government to withdraw the labour package, emphasizing its detrimental effects on the workforce.
A study presented in Lisbon warns that reliance on industrial policies may lead to “lower economic benefits” compared to structural policies.
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.
The Mayor of Lisbon calls for the creation of a specific plan to resolve the housing crisis, warning that municipal councils will be left without financial capacity after the programme ends.
The Mayor of Lisbon urges Member States to consider creating a European fund dedicated exclusively to housing and reminds that PRR funds will be exhausted in June this year.
The president of the Lisbon City Council (CML) asked on Friday for support from the European Union (EU) from the second half of the year, when the execution deadline of the Recovery and Resilience Plan (PRR) for projects in the capital ends. Carlos Moedas took advantage of the European Commissioner's visit to Portugal to request a 'Next Generation ...'
Carlos Moedas justified the proposal, emphasising that “many councils, after June, are left with either national support or their own capital, but they do not have the capacity for such large amounts”.
The proposal from the PSD/CDS-PP/IL coalition, which governs without an absolute majority, passed with the support of Chega. PS, Livre, BE, PAN, PCP and PEV voted against the planned expenditure of €1,345 million.
This Tuesday, the day on which the evolution of prices for 2025 will be released, the CGTP will demonstrate in the streets against the labour package, European Commissioner Maria Luís Albuquerque will go to Parliament to speak about the European Commission’s work programme for 2026, and the Municipal Assembly of Lisbon will vote on the budget proposal. Meanwhile ...
The Lisbon Tenants' Association also says that the increase from €600 to €900 in the cap on the deduction for rents paid is 'clearly unfavourable to tenants'.
The Lisbon Administrative and Tax Court ruled in favour of the Bank of Portugal in a case brought by international funds that demanded compensation of €2.2 billion. Less than a week before the presidential elections, António José Seguro and João Cotrim Figueiredo lead voting intentions, closely followed by André Ventura...
The team chaired by Cristina Tomé at the Lisbon Metro will now receive salaries aligned with those of the prime minister and CP (the national rail company), rather than with Porto Metro, following a reclassification by the Government.
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?
Chega today justified its vote in favour of Lisbon's municipal budget for 2026 with the incorporation of measures, including allowing municipal tenants to become homeowners, with the leadership of PSD/CDS-PP/IL confirming the inclusion in the 2026-2030 plan.
The PS in the Lisbon City Council announced on Monday that it will vote against the municipal budget proposal for 2026, presented by the PSD/CDS-PP/IL leadership, which governs without an absolute majority, while Chega keeps its voting intention “open”. According to the Socialist councilors, the municipal budget proposal for Lisbon for 2026 "represents an option ...
Alexandra Leitão assures that the PS had no other option but to reject the budget. She accuses Moedas of not responding to the “emergency” of housing. And now? “Moedas has already chosen, he cooperated with Chega.”
