Tracking economy for Portugal — coverage from the newsroom in Lisbon.
Politics · EconomyPortugal fights to protect €1.63B in EU cohesion funds amid German-led push for budget cuts. The 2028-2034 framework could reshape infrastructure and regional development.
Tech · EconomyPortugal's 15% AI adoption rate trails EU's 75% target for 2030. New €400M national plan offers grants, tax breaks for companies—especially SMEs lagging at 11.5%.
Economy · PoliticsNobel economist Abhijit Banerjee warns Portugal and Europe: undertaxing the wealthy fuels inequality. Why AI job losses make wealth taxation urgent for residents.
Politics · EconomyPortugal's parliament rejected labour reform keeping employment protections, overtime limits unchanged. Impact for workers and residents explained.
National News · Economy35,000 Portuguese households await storm damage compensation. Government targets 90% resolution by June 30. Learn how claims process works.
Politics · EconomyPortugal's Parliament rejected labor reforms June 2026. Fixed-term contract rules, job security protections, and overtime caps remain unchanged for workers.
National News · EconomyPortuguese appeals court to decide if Viana do Castelo shipyard workers had automatic job transfer rights during privatization. Landmark 2026 ruling on labor protections.
Tech · EconomyPorto's €900M PITCH innovation hub backed by University of Porto and EU funding aims to create high-paying tech jobs and reverse Portugal's brain drain by 2029.
Politics · EconomyPortugal Parliament blocks labor overhaul. Worker protections on dismissal, outsourcing, and leave stay unchanged. Your job rights remain safeguarded.