The European Investment Bank (EIB) has announced a new 300 million euro loan to support housing construction and rehabilitation, specifically targeting the private sector. This latest financing brings the EIB's total investment in the Portuguese housing sector to 3 billion euros over the past two years.
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Over 200 demonstrators gathered in Coimbra on Tuesday, 27 October, to protest against the housing crisis, rising property speculation, and perceived police violence. Participants also criticized the 6% budget reduction for public housing in the proposed 2027 State Budget, while a separate national protest under the 'Casa para Viver' platform is scheduled for 14 November.
The first day of the State Budget (OE) debate in Parliament was dominated by political clashes over recent housing protests and police conduct rather than fiscal policy. Prime Minister Luís Montenegro defended the police's actions during the demonstrations and attributed the ongoing housing crisis to the legacy of previous governments and high immigration levels.
About 50 protesters gathered on Tuesday, 27 October, in Faro to support the right to housing and denounce the recent police intervention at similar demonstrations in Lisbon and Porto. A popular assembly is scheduled for Wednesday, 28 October, at 17:00 at the same location to organize working groups, and a larger demonstration is planned for 14 November, starting from the Liceu de Faro.