The Bank of Portugal has proposed raising the base contribution rate for banks to the Deposit Guarantee Fund from 0.0009% to 0.0011% for 2027. This change aims to ensure the fund meets legal capitalization requirements amid continued growth in covered deposits.
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Read today’s briefingThe consumer association Deco has proposed 18 measures to the government to address the housing crisis, including a temporary three-year rent cap on new contracts in high-pressure areas and the creation of a Rent Guarantee Fund to cover up to six months of arrears for tenants in need. Other proposals include raising the annual IRS tax deduction for rents to 1,000 euros starting in 2027, creating mandatory mediation before evictions, and publishing a list of vacant state-owned properties slated for affordable housing.
The Socialist Party (PS) has submitted a proposal to reduce the share of online gambling tax revenue allocated to the gaming regulator and instead allocate 7.5% of these funds to support sports projects.
The Polícia Judiciária is conducting over 50 searches in an investigation into a scheme to evade IMT (Property Transfer Tax) using real estate investment funds. The operation includes searches at the headquarters of the Banco Angolano de Investimentos in Lisbon and Banco Carregosa in Porto.