Economy News

Portugal Declares State of Calamity After Storm Kristin, Fast-Tracks Aid and Tax Relief

Vila de Rei’s State of Calamity Unlocks Fast Storm Aid and Loans
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Discover how Portugal’s 4 million racing pigeons create lucrative side incomes for rural residents, plus registration deadlines, tax rules and start-up costs.

Storm Kristin turns 60 Atlantic municipalities into calamity zones. Learn how to claim rapid relief funds, VAT-free repairs, tax breaks and zero-interest loans.

Porto Metro logged a record 94.5 million trips in 2025. Fares remain frozen while two new lines and faster validators roll out—learn how to dodge peak-hour crowding.

Discover how Portugal's new 2FA on Tax and Social Security portals affects accountants, SMEs, freelancers and expats—and get expert tips to adapt smoothly.

Portugal’s wind and solar surge has created 67,000 renewable jobs, with 25% higher pay, subsidised training and €60 off energy bills – learn how to benefit.

Storm Kristin relief: Residents in Portugal's hit regions can claim EU grants up to €10,000 and 95% co-funded loans. Register and submit forms by 27 March 2024.

Calamity status after Storm Kristin unlocks fast compensation, €1.50-a-day power credits, delayed road taxes and 10-day building permits across hard-hit regions.

Portugal’s storm-hit Vila de Rei is now in a state of calamity, unlocking rapid repairs, €31k home grants and 1.5% loans—learn how to apply before the 30-day deadline.

Discover how the Rally de Portugal’s new Thursday start in 2026 adds extra stages, boosts tourism revenue and changes traffic plans for fans and residents alike.

Portugal’s first quantum-secured fibre link between Portalegre and Badajoz shields hospitals and banks, speeds e-services, and sparks high-tech jobs across the Alentejo region.

Goalkeeper Anatoliy Trubin’s 90+8-minute header gave Benfica a 4-2 win over Real Madrid, a Champions League play-off spot and €18.6 million in prize money.

Savings dip this quarter as Portuguese households invest in upgrades, with upcoming rate cuts and Lisbon subsidies to ease budgets – see latest Eurostat data.