The 3-month Euribor rate rose to 2.714% on Monday 2 November, reaching its highest level since January 2025. The 6-month rate also saw a slight increase to 2.994%, while the 12-month rate dipped slightly to 3.304%.
This update is from Bica
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Read today’s briefingAn open letter from the José Afonso Association (Brussels branch) expresses support for housing protesters in Portugal, praising their democratic maturity while condemning the police violence reported during recent demonstrations. The letter highlights that many Portuguese emigrants have been forced to leave the country due to the housing crisis.
The President is seeking clarifications from the Government and the Ombudsman regarding recent police interventions during housing rights protests in Lisbon and Porto. This follows a court ruling from the Administrative Court of Lisbon that allowed a demonstrator to keep a tent in Rossio until 24 November, noting that protest time limits are not absolute.
Seventy-eight international and Portuguese organizations have signed an open letter demanding a rigorous, independent investigation into the police intervention that occurred on 15 October at Praça D. João I in Porto. The signatories, led by Academia Cidadã, are requesting the disclosure of the legal grounds and orders behind the operation, which resulted in injuries during the dispersal of housing protesters. The General Inspectorate of Internal Administration (IGAI) has already opened an administrative process to evaluate the police procedures.