Portugal's Economy Faces Energy Shock: IMF Cuts Growth Forecast Below Government Budget
IMF revises Portugal's growth to 1.9% for 2026, citing energy costs and Middle East disruptions. What this means for residents' bills and jobs.
Tracking economy for Portugal — coverage from the newsroom in Lisbon.
IMF revises Portugal's growth to 1.9% for 2026, citing energy costs and Middle East disruptions. What this means for residents' bills and jobs.
600,000 Portuguese residents struggle with energy poverty as government relief programs face delays and design flaws. Find out what reforms advocates demand.
One-third of Spaniards blame renewables for April 2025's blackout, but experts say voltage control failures were the real cause. Key facts for residents.
Learn your rights when airlines demand extra payment after booking. Portuguese law protects you—know the 8% rule and how to fight illegal surcharges.
Portugal now allows 15% VAT refunds on cultural purchases. Learn how to claim deductions on books, museum tickets, and theater performances by March 2027.
Galp's oil output rose 23% in Q1 2026 while refining margins doubled to $14.80/barrel. Electricity prices crashed 67% to €23/MWh, benefiting consumers.
Portuguese football league requests disaster recovery funding and renewable energy subsidies for stadiums. Learn how storm damage drives infrastructure modernization plans.
Middle East conflict drives gas up 70%, oil up 60%. Portugal faces higher energy bills, temporary subsidies, and mandatory savings through 2026.
Portuguese and African municipalities meet in Macau to explore Chinese infrastructure expertise and investment opportunities. Key implications for residents.