Despite oil shock and support measures, the government maintains a surplus for the second consecutive month

The Portuguese government recorded a public budget surplus of 249.3 million euros for the first eight months of 2026, marking a decrease of approximately 1.8 billion euros compared to the same period in 2025. This result is attributed to a 10.4% increase in public spending—driven by PRR investment and 586 million euros in climate-related support measures—outpacing the 7.9% growth in revenue.

Diário de Notícias· 1mo agoRead original ↗

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Economy

Government maintains agricultural fuel support with 15 million euro boost

The government has extended the subsidy for agricultural and forestry diesel (gasóleo colorido e marcado), injecting an additional 15 million euros to maintain support at 10 cents per litre. The funding is managed by the IFAP, with payments following a schedule where subsidies for fuel consumed in a given month are paid out at the end of the second following month.

Diário de Notícias· 1w agoRead original ↗

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Economy

Maximum interest rate on Savings Certificates for the third consecutive month

The interest rate for Savings Certificates (Certificados de Aforro) will remain at 2.5% throughout November. This is the third consecutive month the rate has hit this maximum cap, driven by the increase in the three-month Euribor index used to calculate the return.

Correio da Manhã· 1w agoRead original ↗

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Economy

Job creation in companies slows to 2.3% in 2025 for the second consecutive year

The pace of job creation in the private sector fell to 2.3% in 2025, down from 3.7% in 2024 and 4.7% in 2023. According to data from Informa D&B, only 19% of companies expanded their workforce during the year, while 16% reduced headcount and 65% remained stable. The construction sector led hiring with 5.7% growth, while agriculture was the only sector to report a net decline in jobs, falling by 2.7%.

Diário de Notícias· 2w agoRead original ↗

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Media-reported alerts

Pingo Doce to close stores this Wednesday · Diário de Notícias · 22h ago
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Traffic restricted on the A1 near Vialonga due to Storm Charles · Correio da Manhã · 4h ago
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- Twelve people relocated due to the effects of rain in Palmela · Correio da Manhã
Uber Eats delivery service suspended in different parts of the country · Expresso · 6h ago
Speed limit reduced to 60 km/h on 25 de Abril Bridge and 80 km/h on Vasco da Gama · Correio da Manhã · 6h ago

Live official alerts

Orange and yellow rough sea warnings, Wednesday to Thursday
orange warningIPMA· 7 districts· until 03:00
CP has cancelled the RENFE strike in the North and Porto area from Tuesday 10 November until Thursday 12 November.
CP· Porto area +1· until 12 Nov

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