TAP's Profit Collapse Masks Strong Operations as Privatization Looms
TAP's profit fell 92% to €4.1M in 2025 due to IRC tax changes. Operations remain strong with 16.7M passengers and Porto expansion underway.
Tracking economy for Portugal — coverage from the newsroom in Lisbon.
TAP's profit fell 92% to €4.1M in 2025 due to IRC tax changes. Operations remain strong with 16.7M passengers and Porto expansion underway.
Nearly 200,000 storm damage claims face 60-90 day delays in Portugal. Learn your rights, documentation requirements, and mortgage relief options.
Six-month Euribor hits 2.525% affecting 40% of Portugal mortgages. See how diverging rates impact your payments and what homeowners should do now.
Portugal's pension calculator app now on mobile. Model retirement scenarios, calculate benefits, understand penalties. Legal age 2026: 66 years, 9 months.
Iran-US ceasefire reopens Strait of Hormuz. Oil prices drop 13-14%, easing fuel bills in Portugal. ECB rate cuts now more likely. What residents should expect.
Middle East conflict pushes Portugal inflation to 2.8% in 2026. World Bank warns of energy cost surges and slower growth. How it impacts your salary, utilities, and living costs.
Portugal assumes Azul debt to clear TAP privatization path. Air France-KLM and Lufthansa bidding by July. Clean balance sheet for buyers.
Portugal's borrowing costs surge, pushing interest payments to €7.2B in 2026. How rising Euribor rates affect your mortgage and household budget.
Egypt's 2 trillion cubic feet gas discovery could ease supply, but US-Iran war blocking Strait of Hormuz is pushing Portugal's fuel bills 10-15% higher. What residents should know.