The Bank of Portugal's latest survey shows that overall demand for credit remained stable in the third quarter of 2026, despite a slight decrease in the housing segment. Banks report that they expect credit criteria for small and medium-sized enterprises to become slightly more restrictive in the final quarter of the year, while criteria for individual loans are expected to remain stable.
This update is from Bica
Your quick shot of what's changing in Portugal and affecting your status, your home, your money, and whatever might disrupt your day. Short and clear updates, gathered from Portuguese sources.
No signup. No app download. Nothing to pay.
Read today’s briefing
The Prime Minister addressed Parliament regarding the proposed State Budget for 2027, focusing on government priorities and criticizing the previous administration's housing policies.
Data from the Insurance and Pension Funds Supervisory Authority (ASF) indicates that over 50% of retirees in Portugal report a decline in their quality of life upon entering retirement.
Portugal recorded 51 road deaths per million inhabitants in 2025, the fifth-highest rate in the European Union. While this represents a 6% decrease from 2024 and a 16% drop since 2019, the country remains above the EU average, with 578 total fatalities reported last year.