Lufthansa and Air France-KLM submitted their final bids this Wednesday for the purchase of a 44.9% stake in TAP, following a government request for improved offers.
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Social Security recorded a budget surplus of 5,122.7 million euros up to August, up from 4,408.4 million euros during the same period in 2025. Effective revenue reached 31,503.6 million euros, while effective expenditure stood at 26,380.8 million euros.
The official representing fuel companies stated that fuel reserves, which were high at the beginning of the conflict in Iran, have been depleted and are now at exceptionally low levels. This reliance on stored "cushions" of fuel is reaching a critical point of exhaustion.
The Minister of Economy, Manuel Castro Almeida, stated that future government support to mitigate inflation and energy price rises will be restricted by the goal of a balanced budget for 2027. He emphasized that the state must not spend more than its revenue, noting that public debt reduction is a priority to avoid future tax hikes and high interest rates. Meanwhile, September inflation reached 3.6%.