The Portuguese state, through Parpública, has agreed to purchase Fidelidade's 5.3% stake in REN (Redes Energéticas Nacionais), bringing the state's total participation to 19%. This acquisition completes the government's strategic reinforcement plan, though it remains subject to approval by the Court of Auditors.
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The Socialist Party (PS) leader questioned whether the 2027 State Budget allocates sufficient funds for projects originally linked to the Recovery and Resilience Plan (PRR) and for recovery from recent storm damage. The party is currently reviewing the budget proposal to determine if the funding is adequate to meet the conditions set by the PS for the document's viability.
The government has submitted its Social Climate Plan to the European Commission, aimed at supporting a fair energy transition and shielding vulnerable groups from the rising costs associated with fossil fuels. The plan is part of the broader EU framework to mitigate the impact of energy-related costs on households.
The environmental association Zero has criticized the 2027 State Budget proposal, arguing that it prioritizes tax cuts over ecological transition and climate change prevention. The group claims the budget lacks specific investments in waste management, water resource monitoring, and a clear roadmap for ending fossil fuel subsidies by 2030, while noting that a large portion of 'green' funds are allocated to repairing storm damage rather than proactive prevention.