AGP Executive Report
Last update: 3 hours agoTAP Privatisation: Portugal and Lufthansa signed a deal for an initial 44.9% stake in TAP, worth €1.025 billion. The airline could expand its fleet and Lisbon hub if the sale clears regulatory approval; both sides say TAP will retain its Portuguese identity. Citizenship Rules: Portugal is raising the wait for citizenship to 10 years for many immigrants, including Nigerians, Indians and Pakistanis, while shorter timelines apply to some groups. Housing Pressure: Housing costs continue to fuel protests, with demonstrators in Lisbon and Porto demanding action as authorities clear camps. Data Centre Growth: Portugal is preparing stricter water and energy rules as data centre investment expands. Jobs and Productivity: Ecco is closing its Portugal factories as part of a restructuring, while the OECD has urged Portugal to strengthen productivity institutions.
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