Portugal

portugal economia

Portugal Capital Markets Day (June 15th and 16th)

Abel Sequeira Ferreira (Board Member and Executive Director of AEM – Portuguese Issuers Association. Board Member of European Issuers)| On 12 and 13 November 2025, Lisbon hosted the second edition of Portugal Capital Markets Day, an initiative jointly organised by AEM – Portuguese Issuers Association and Euronext Lisbon, with the support of Aon as Principal Sponsor and J.P. Morgan, PwC Portugal and VdA – Vieira de Almeida as Lead Sponsors. Across two days, the…


portugal economia

“Portugal Capital Markets Day” (15 and 16 June)

Portugal has a story worth telling and, more importantly, companies worth investing in. Its “Capital Markets Day” – 15 and 16 June – brings investors into contact with companies, strategies and real investment opportunities. By Abel Sequeira Ferreira Abel Sequeira Ferreira (Board Member and Executive Director of AEM – Portuguese Issuers Association. Board Member of European Issuers) | On 12 and 13 November 2025, Lisbon hosted the second edition of…


Lisbon portugal economy

Fitch maintains Portugal’s rating at “A” and upgrades outlook from stable to positive in anticipation of further debt-to-GDP reduction

Bankinter | Fitch maintains Portugal’s rating at “A” and upgrades the outlook to positive from stable, pointing to the possibility of a future upgrade if the trajectory of public debt reduction continues. The agency explained that the change in outlook reflects its expectation that the public debt-to-GDP ratio will continue to decline significantly in the coming years, supported by a fiscal policy considered prudent and budget deficits lower than those…


Seguro Portugal

Socialist António José Seguro wins Portugal’s Presidential Election

Socialist former minister António José Seguro has secured a clear victory in the second round of Portugal’s presidential elections. With 99.05% of the votes counted, Seguro achieved 66.79%, compared to the 33.21% obtained by the far-right candidate André Ventura of the Chega party. With this triumph, a leftist figure returns to the Palácio de Belém—the seat of the Portuguese Presidency—twenty years after Jorge Sampaio left office in 2006. Sampaio was…


portugal economia

Portugal approves 2026 budget, sign of stability after last year’s political crisis

Bankinter | With votes in favour from the PSD (Social Democratic Party) and the CDS (Democratic and Social Centre) — which form the AD coalition —, the abstention of the PS (Socialist Party) was enough for the government to pass its first major parliamentary test. The document now enters the speciality phase, in which the various parties may table amendments, although the government has already warned that the scope for…


portugal oporto

Fitch raises Portugal’s rating from ‘A-’ to “A” with ‘stable’ outlook, highlighting fiscal consolidation and debt reduction

Bankinter | The rating agency Fitch has upgraded Portugal’s rating from ‘A-’ to “A”, with a ‘stable’ outlook, highlighting fiscal consolidation, strong debt reduction and improvements in the external position. Fitch noted that public debt fell from 134.1% of GDP in 2020 to 96.4% in the first quarter of 2025, while public accounts continue to stand out with a projected surplus in 2025 (0.1% of GDP) and moderate deficits in…


portugal parlamento congreso

Two-party system ends in Portugal: Chega overtakes Socialist Party to become second political force

Bankinter | Chega overtook the Socialist Party (PS) and, after the votes of emigrants in the legislative elections were counted, became the second political force with the most deputies in Parliament. The party led by André Ventura, which won in the two emigrant districts – Europe and Outside Europe – will elect two more deputies and will have 60 representatives in Parliament, two more than the PS, which has 58….


portugal economia

S&P confirms France’s rating at AA-/A-1 due to uncertain fiscal strategy, raises Portugal’s to A from A- due to current account surpluses

Bankinter | S&P confirms the AA-/A-1 rating of France, but downgrades the Outlook from Stable to Negative. It cites a weakening of public finances. The Budget for 2025 has been approved and proposes a reduction of the deficit of 0.4% of GDP, but the fiscal strategy from 2025 is uncertain. In addition, S&P forecasts GDP growth of <1% in 2025, making the goal of fiscal consolidation even more difficult. In…


DISA

Disa buys Q8 network in Portugal and becomes third largest oil company in country

The DISA Group has completed the purchase of 55 service stations from the Q8 network (owned by Kuwait Petroleum) in Portugal, thus expanding its presence in the Portuguese market where it becomes the third operator by number of service stations (312) with a market share exceeding 11%. The leader is the Portuguese company Galp, with 30%, followed by Repsol with 17%. The operation was finalized on January 31 and integrates…


Portuguese real estate has recovered remarkablyrecovery.

European ratings: Moody’s maintains Portugal’s outlook at A3 stable and Fitch and S&P maintain Ireland’s at AA

Bankinter | Moody’s maintains Portugal’s rating and outlook at A3 “Stable”. For our analysts this is good news for the Portuguese economy. “The financial rating agency considers that this rating is a reflection of a competitive and diversified economy”. Moody’s forecasts GDP growth of +1.6% in 2024 and +2.2% in 2025. However, it continues to point to challenges such as the high public debt ratio, although it acknowledges that it…