Luís Montenegro announced new economic measures for Portugal following a Council of Ministers meeting, targeting professional sectors in crisis, including fuel and housing. The initiatives, costing approximately €150 million monthly, aim to alleviate pressures while maintaining fiscal stability and include support for agriculture and exemptions on capital gains tax for rental properties.

Cinco Jotas, a prestigious producer of “Pata Negra” ham in Seville, continues to thrive, employing around 700 workers during peak seasons. Their 100% Iberian pigs, fed on acorns, contribute to the iconic delicacy, with exports reaching 35% of production, valued at €130 million last year.

EU officials warn that rising energy prices could mirror the 2022 crisis, driven by geopolitical tensions and supply disruptions. Despite improvements in clean energy production and infrastructure, uncertainty remains high as the conflict’s duration impacts market stability. Coordinated EU measures are underway to mitigate risks.