The Ministry of Health estimates a 117-million-euro increase in INEM revenues, which relies on plans to make home and disaster risk insurance policies mandatory.
This update is from Bica
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Read today’s briefingThe storm Charles poses a risk of severe damage to property and vehicles. Coverage for natural events depends on the specific policy terms, as housing insurance is not always mandatory and many policies may have insufficient capital or lack coverage for extreme weather.
The 2027 State Budget is being voted on in Parliament this Wednesday, 28 October. While the government's proposal is expected to pass due to the Socialist Party's (PS) confirmed abstention, the debate remains heavily focused on housing policy despite ongoing disagreements.
The CIP/ISEG Economic Situation Barometer estimates that Portugal's GDP grew by 2.5% in the third quarter of 2026 compared to the same period in 2025, but notes a quarterly slowdown of 0.3%. The report highlights concerns over falling industrial production, particularly in the automotive sector, and expresses skepticism regarding the government's 2027 State Budget projections for private investment growth.