1. President Emmanuel Macron Highlights the Friendship Between Portugal and France and Warns of Difficult Times in Europe

French President Emmanuel Macron visited Portugal, emphasizing that Europeans must be more united than ever, particularly in technological, industrial, and defense matters. Speaking at the Assembly of the Republic, he highlighted the strong relationship between Portugal and France, calling it an important contribution to a stronger Europe. Macron expressed his “great happiness” for the friendship treaty signed with Prime Minister Luís Montenegro, stressing the necessity of making profound choices to ensure a united and resilient Europe in the face of challenges.

Reflecting on the significance of his state visit, Macron noted that his presence, 26 years after Jacques Chirac’s visit, reaffirmed the enduring nature of true friendships between nations. He also spoke about the ongoing conflict in Ukraine, emphasizing that it represents a struggle for international law, sovereignty, and European security. In addition, Macron highlighted the importance of transatlantic ties, reaffirming this message to U.S. President Donald Trump during their meeting at the White House earlier that week.

Note that Macron spent more than an hour at the Portuguese parliament, receiving military honors as the rain continued to fall. After a brief private meeting with Montenegro, the two leaders engaged in discussions with their delegations behind closed doors. Macron later signed the guestbook, declaring his happiness to celebrate the enduring friendship between France and Portugal. Although a formal session with speeches was replaced by a welcoming ceremony, the visit underscored the shared commitments of the two nations in defense, energy, and fostering a united Europe amid uncertain times.

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2. War in Ukraine Changed Europe’s Energy Landscape and Portugal Gains Advantage

The war in Ukraine gave a sharp warning to Europe about its “comfortable dependence” on Russian energy, with “natural gas” becoming a “weapon” used by both Russia and Europe. The EU responded by reducing its reliance on Russian gas, with imports dropping from 45% in 2021 to 19% in 2024, while simultaneously boosting LNG imports. Natural gas liquefied largely filled the gap, with the EU increasing its LNG imports by over 35% in 2024. However, this surge in demand raised global prices, pushing European energy costs up and affecting businesses and households. The EU’s response included a significant push for renewable energy, with solar and wind surpassing fossil fuels in electricity generation.

Portugal, due to its non-dependence on gas by pipeline, has positioned itself advantageously in this new energy landscape. The country’s high penetration of renewables allows it to remain competitive, benefiting from this shift while others struggle. According to experts, Portugal and Spain have everything to gain in this context, as their energy resources make them attractive for industries fleeing higher energy prices elsewhere in Europe. The transition to a green economy is seen as an opportunity for Portugal, which has already experienced industrial growth while countries like Germany are minimizing losses due to their reliance on cheap Russian energy.

Despite this, the energy crisis is far from over, as Europe faces persistent energy price volatility. The EU’s strategy is to diversify energy supply, accelerate the expansion of clean energy sources, and invest in next-generation clean technologies like fusion nuclear and batteries. However, challenges remain, including the need for better integration of energy markets, addressing energy islands, and securing long-term stability for renewable investments. The situation is more resilient than before the crisis, but experts stress that “the Commission must gain strength” to implement approved measures while urging member states to remain “more coherent and committed” to the transition.

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3. Portuguese Government AI Assistant Had 17,000 Conversations After One Month of Existence

The virtual assistant launched by the Portuguese government in December had 17,000 conversations in January, marking its first full month of existence. Using generative AI technology similar to ChatGPT, the assistant provides citizens with information about more than 2,300 public services on the gov.pt portal. The assistant, available in 12 languages, includes European and Brazilian Portuguese, as well as English, and can be interacted with via text or voice, taking the form of a woman in a video call-like interface.

Despite its functionality, the assistant refuses to answer certain questions and has provided incorrect information in at least one instance, highlighting the challenges of AI technology. The Agency for Administrative Modernization (AMA) emphasizes that the assistant is part of a broader effort to enhance digital transformation and inclusion in public services. Planned updates for 2025 include transactional features, such as process tracking and appointment scheduling.

Since its launch, the portal has seen increased citizen engagement, with 33.8 million sessions recorded in 2024. The most popular service is changing the address on the citizen card, with an average of 35,000 monthly requests, followed by card renewals and Local Accommodation registration. This expansion is part of a continued effort to improve accessibility and usability, contributing to Portugal’s digital transformation.

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4. New Gold Rush Is Affecting Portuguese Investors

The recent surge in gold prices, now approaching $3,000 per ounce, has sparked significant interest among Portuguese investors seeking safe-haven assets amid global economic uncertainty. As prices reach new records, Portuguese investors, historically inclined toward physical gold, are diversifying into investment funds, ETFs, and gold certificates. The demand for gold has been especially high in recent months, with both individual and institutional investors turning to this precious metal for protection against geopolitical instability, inflation, and declining interest rates.

Experts like Paulo Monteiro Rosa from Banco Carregosa highlight that gold is traditionally a way to safeguard wealth during uncertain times, with growing interest in gold as a refuge from economic instability. While physical gold remains popular, there’s been a noticeable shift toward ETFs and gold funds, offering diversification and lower transaction costs. The significant rise in gold prices, fueled by central bank actions and geopolitical tensions, has attracted retail investors, as noted by Steven Santos of BiG, who observes increasing participation in physical gold-backed ETFs.

Despite the rising demand and expectations for further gains, experts caution that gold is currently overvalued based on historical metrics. While the metal offers a refuge against uncertainty, it does not generate interest or dividends, making it a risky investment in times of low returns from other assets. Investors should also consider storage costs for physical gold, which could add additional expenses to the overall investment strategy. Gold continues to attract attention, but experts warn that it should serve as a diversifier, not the core of an investment portfolio.

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5. Marcelo Criticizes Trump and Warns about Sliding from Democracy to Dictatorship

Marcelo Rebelo de Sousa, President of Portugal, criticized U.S. President Donald Trump’s new media regulations, warning about the slide from democracy to dictatorship. Speaking at the Casa da Imprensa in Lisbon, he pointed out that just “opening the television” shows how democracies are slipping toward authoritarianism. He stressed that, without understanding what dictatorship truly is, one cannot grasp the dangers of democracy’s erosion. The shift is becoming evident even in strong democracies.

In his criticism of the new rules imposed by the White House, Marcelo pointed out that “the President of the oldest and most reputable democracy” now determines which journalists are allowed to ask questions. He found this troubling, asserting that “everything is said” when a government restricts media access in this way. The act of limiting journalists’ participation in press conferences highlights the growing concentration of power and threatens democratic integrity.

Marcelo Rebelo de Sousa further argued that, with these new rules, journalists are rendered “invisible.” He noted that, while reporters might be physically present, their role is undermined, as the President selects who may ask questions, leaving others with no real function. This, according to Marcelo, compromises democratic values, turning press conferences into a controlled spectacle rather than a genuine exchange between the media and those in power.

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6. The Michelin Gala And The New Michelin-Awarded Restaurants in Portugal

The 2025 Michelin Guide awarded 38 restaurants in Portugal, including eight new one-star establishments. Among the highlights was Marlene Vieira, who received her first Star, becoming the second Portuguese chef to earn this prestigious recognition. The Porto gala celebrated the best of national gastronomy and, although there was speculation about a potential third Star for a local restaurant, no Portuguese restaurant ended up with three. The eight two-Star restaurants from 2024 maintained their accolades, and only one, 100 Maneiras by Ljubomir Stanisic, lost its Star.

The event took place at the Alfândega do Porto, where the country’s gastronomy diversity and excellence were celebrated. Special mention was given to José Avillez’s Encanto in Lisbon, which received a Green Star for its commitment to environmental sustainability. Marlene Vieira’s recognition marked the emotional peak of the evening as she joined her husband João Sá, who had earned his Star in 2024 for Sála. Together, they remarked on their “couple full of stars.”

Note that the Michelin Guide also recognized five restaurants with the Bib Gourmand for offering high-quality cuisine at accessible prices: Canalha (Lisbon), Contradição (Bragança), OMA (Porto), Pigmeu (Lisbon), and Terruja (Alvados). These awards reflect the growing excellence and diversity within Portuguese gastronomy, as well as the increasing prominence of sustainable practices in the culinary industry.

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7. A Second Time Out Market Is Opening in New York

The Time Out Market, which began in Lisbon, has become a global phenomenon. After its success in the Portuguese capital, it expanded to various cities, with the latest addition being a second New York market. Located in Union Square, the new space will offer 929 square meters of food experiences with seven kitchens, a bar, and a stage, accommodating 300 guests, including a beautiful outdoor terrace. The goal is to gather the best of the city’s culinary scene under one roof, a concept that has drawn attention worldwide.

Opening in Fall 2025, the new market will also serve as a hub for local musicians and artists. The Union Square venue is set to become a significant part of New York’s amazing dining and cultural landscape, joining the ranks of other Time Out Market locations worldwide.

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8. The 45th Anniversary of the Portuguese National Health Service

To commemorate the 45th anniversary of the National Health Service (SNS), the exhibition “Cura” brings together works from 15 Portuguese artists, focusing on the role of those who care and those who are treated. Having opened on February 25 at the Júlio de Matos Hospital, the show addresses the legacy of SNS, which has provided free and universal healthcare since its creation in 1979. As discussions about long waiting times, medical shortages, and poor conditions dominate, the exhibition highlights the importance of the system while celebrating its nearly five-decade existence.

The exhibition is curated by Sandro Resende and Nuno Figueiredo of the P28 association, known for its contemporary art projects in the Psychiatric Hospital Center of Lisbon (CHPL). Featured artists include António Júlio Duarte, Augusto Brázio, Catarina Botelho, and João Mota da Costa, among others, whose works reflect on moments when we need SNS services. Some works document clinical procedures, such as photographs by Duarte Amaral Netto and José Maçãs de Carvalho, while others explore spaces like Inês d’Orey’s series on the Hospital São João.

A standout piece is Valter Vinagre’s black-and-white portrait of Marta Azinhaga, which includes a caption detailing a tragic accident involving her late husband. This photo, part of a series on grief, challenges viewers to confront painful realities. The exhibition also features video works, including João Paulo Serafim’s heart surgery footage and Rita Robalo’s “Fade into You,” symbolizing the fusion of desire and object. Note that the exhibition is open until April 5, with guided tours on Thursdays.

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9. Azulejos of the National Palace of Sintra to Be Restored

Parques de Sintra and the World Monuments Fund signed a protocol on February 27 for the restoration of the tiles in the Arab Room, the Chamber of King Afonso VI, and the Baths Grotto of the National Palace of Sintra. A 316,000-euro investment, shared between the two organizations, will fund the conservation and restoration process, beginning with a detailed diagnosis. The work aims to restore the central fountain, tile coverings, walls, floors, and stucco ceilings of these key palace areas.

The restoration will bring back the “new” condition of the tile walls, stone arcades, and the mosaic floor of the Chamber of King Afonso VI, as well as the tile walls and ceilings of the Baths Grotto. Once completed, these historic spaces will regain their former glory, preserving their architectural and cultural significance. Note that the project also includes a training component, focusing on the conservation of tile heritage.

As part of this protocol, two workshops will be organized. A national workshop will provide professional training for Parques de Sintra technicians and students from the Sintra Professional School of Heritage Recovery. An international workshop will bring together specialists in tile conservation and restoration, contributing to the exchange of knowledge and expertise in the field.

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10. Rui Moreira Exhibits 20 Years of Slow Art at The MAAT

“Transe”, Rui Moreira’s exhibition at the MAAT, spans over 20 years of creation. It combines old and new works, mixing and changing the order of things. The artist, absorbed in his creative process, expresses his belief in “slowness” as essential to art, stating, “only in slowness can one make art.” The works, marked by high contrast and meticulous details, reflect his travels – from Morocco’s desert to India’s Kerala dances – exploring landscapes, figures, and traditions. His art,  from small studies to large pieces, shows the “trance” state he embraces in his “non-chronological” process, where time plays a structural role.

The exhibition shows Moreira’s belief that his art reflects his life, asserting, “What you see in this exhibition is me, nothing more than that.” With over 1,000 hours of work in many of his large drawings, the theme of “time in art” is central. From the “hot sun of North Africa” to the “superb symbolism” of his journeys, his works depict both internal and external landscapes, influenced by his “Transmontano” origins and films like Fitzcarraldo. Note that these silent reflections of his travels are more than just observations – they’re deep and deliberate engagements with the essence of places and people.

Alongside Rui Moreira’s works, Ana León presents Gestures, six stop-motion films featuring “Action Man dolls.” León’s films avoid traditional narrative, focusing on descriptive images. Her involvements are isolated in dark rooms to guarantee that images and sounds don’t contaminate each other. By using Super 8 and traditional animation, León disrupts “conventional animation,” offering a stark contrast to Moreira’s immersive, slow process with her more minimalist, yet equally profound works.

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1. Seven Districts Will Be Under Yellow Warning Due to Maritime Conditions

Seven districts in Portugal will be under a yellow warning from the Portuguese Institute of the Sea and the Atmosphere (IPMA) due to predicted maritime agitation between Monday, February 24th, and Tuesday, February 25th. The districts that are expected to be affected by the extreme conditions are Porto, Viana do Castelo, Lisbon, Leiria, Aveiro, Coimbra, and Braga, where waves may reach heights of four to five meters.

The warning will be in effect from 9:00 AM on February 24th until 3:00 AM on February 25th. This follows a previous yellow warning on Saturday, which affected 12 districts, with 10 due to maritime agitation and two (Guarda and Castelo Branco) due to snowfall.

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2. A Speed Dating Initiative That Will Bring Together Senior Citizens and Students Looking for Housing

The Nova University of Lisbon is organizing an Intergenerational Speed Dating event on February 26th to address the housing crisis and loneliness. The initiative aims to connect senior citizens with vacant rooms and students looking for accommodation in Lisbon. Unlike traditional speed dating, the event focuses on fostering dialogue between older adults and young students, with the goal of matching them as housemates to combat both housing difficulties and loneliness among seniors.

The event is part of the 1/4 network, which connects those working to combat the housing crisis with those in need. In addition to providing students with housing opportunities, the event seeks to promote reflection on housing challenges for youth, active aging, and the benefits of intergenerational living. Note that it is also linked to the exhibition “The Grandmother Came to Work,” showcasing social entrepreneurship in Cascais.

With limited spaces for 20 students and 20 seniors, the event will be hosted by Fernando Alvim, Cremilde, one of the “grandmothers,” and student José Catalão. Conversations will be supplemented with music by DJ Estamina. The event will take place at the Faculty of Social and Human Sciences at Nova University from 3:00 PM to 5:00 PM, with online registration available.

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3. Portugal Has Two of the 100 Best Cafes in the World

Portugal is now home to two cafés ranked among the “100 Best Cafés in the World,” with The Folks, in Lisbon, securing 74th place and 7g Roaster, in Vila Nova de Gaia, placing 29th.

The Folks, which opened in 2022, quickly became a key player in Lisbon’s specialty coffee scene, offering beans sourced from cities like Amsterdam, Berlin, and Barcelona, alongside popular brunch dishes such as Eggs Benedict and avocado toast. It has since expanded to five additional locations in the city, including Alfama, São Bento, and Belém. On the other hand, 7g Roaster in Vila Nova de Gaia, which earned 29th place, is not only a café but also a specialty coffee roasting company, offering high-quality coffee paired with brunch and other menus.

With their placements, both The Folks and 7g Roaster have helped elevate Portugal’s reputation in the global coffee industry. The “100 Best Cafés” list, compiled through public votes and expert panel selections, features renowned cafés from across the world, and Portugal is now proudly represented alongside global hotspots like Australia, the USA, and Malaysia.

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4. The Albuquerque Foundation Opens a New Ceramics Museum in Sintra 

The Albuquerque Foundation opened a new museum in Sintra with one of the world’s most important collections of Chinese porcelain. Located in Linhó, 30 minutes from Lisbon, the collection, founded by engineer Renato Albuquerque, includes over 2,500 pieces from the Ming and Qing dynasties, as well as imperial porcelain. The inaugural exhibition, “Conexões,” features approximately 20% of the collection, highlighting the historical connections between the East and West. The foundation’s president, Mariana Teixeira de Carvalho, emphasizes the goal to rotate exhibitions, offering fresh perspectives on the collection through various curators.

Upon arrival, visitors will encounter a mix of traditional and contemporary architecture. The Albuquerque family’s former vacation home houses the museum’s shop, restaurant, library, and suites for artistic residencies. In addition, two modern buildings host the first two exhibitions. “Conexões”, which exposes Chinese porcelain from the 16th to the 18th century, focuses on the cultural exchanges between the East and the West. Note that the collection includes pieces like a Ming Dynasty wine jug shaped like a dancing woman and a Qing Dynasty crab-shaped terrine. The exhibition is organized thematically, rather than chronologically, with themes such as “Life in the East and West” and “Spiritual Kingdom.”

The second exhibition, “A Mão Sempre Presente,” features work by American artist Theaster Gates, known for his critical exploration of economic, political, and racial issues. Gates’ installation, set against the porcelain collection, contrasts black ceramic tiles with the white porcelain, representing the cultural divide. His work connects with the imperfection and history of the Albuquerque collection, inviting reflection on the past. Mariana Teixeira de Carvalho explains that Gates’ work raises questions about the historical context in which these pieces were made and challenges the audience to consider what should not be repeated from history. The exhibitions will be open until August 2026.

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5. Don’t Know How to Ride a Bike? You Can Now Take Free Class in Arroios

In Arroios, the “Let’s Pedal” program offers free bike classes starting March 8th, designed to teach people how to ride and promote safe bike usage. The initiative, organized by the Arroios Parish Council, aims to encourage daily cycling with an increased number of bike lanes in the city. Classes will be held at the parish’s sports center, near Mercado do Forno do Tijolo, and will run almost every month, excluding April, August, and December.

The full schedule is available online, allowing participants to easily sign up and join the community initiative to embrace cycling. This program provides a great opportunity for beginners to gain confidence and skills while cycling in a supportive environment. Note that the classes will continue through May, June, September, October, and November, with registration opening on February 26th.

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6. Comporta Will Have Three New Luxury Real Estate Projects

The construction company ACA strengthened its presence in Comporta with three luxury developments, totaling 131,000 m² of construction and valued at over 120 million euros. These projects (Sublime Comporta Villas, Comporta Beach & Golf Resort, and NUMA Hotel Rural in Grândola) highlight ACA’s commitment to quality, sustainability, and innovation in luxury tourism. The company aims to combine high-end construction with environmental respect, utilizing methods that preserve the local ecosystem in this environmentally sensitive region.

The Sublime Comporta Villas project merges the charm of rural Alentejo life with proximity to the sea, featuring 43 luxury villas surrounded by pine forests. The development prioritizes privacy and nature, offering villas with private pools, gardens, and sizes between 350 and 575 m². Comporta Beach & Golf Resort, next to the Troia golf course, promises to transform 62,500 m² into a luxury destination, with a 5-star hotel, villas, and extensive leisure facilities. Meanwhile, the NUMA Hotel Rural in Grândola, on the other hand, focuses on rural tourism, with villas designed for exclusivity, sustainability, and comfort, alongside dedicated spaces for dining and wellness.

Note that ACA’s ability to execute these complex projects in challenging regions reaffirms its leadership in the construction sector. These projects bring luxury to Comporta while promoting sustainable tourism. As such, they contribute to the region’s international recognition and reinforce its status as a prime tourist destination.

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7. Portugal’s New Incentive System for Startups

The new incentive system for startups introduces three types of fixed-value vouchers (10,000, 30,000, and 60,000 euros) to support micro, small, and medium-sized enterprises, including startups across mainland Portugal. This initiative, part of the “Acelerar a Economia” (Accelerate the Economy) program, focuses on stimulating the ignition, investment, growth, and internationalization of the country’s most innovative business ecosystem, with an emphasis on SMEs and academic startups. The financial support provided by the three vouchers is non-refundable, and applications are managed by the National Innovation Agency (ANI), with detailed conditions posted on their website, where applicants can find information about eligibility, funding amounts, and the required documentation.

The Voucher Deep Tech, offering 60,000 euros, aims to strengthen deep tech companies in Portugal, enabling them to participate successfully in international initiatives. The funding supports a range of activities including intellectual property strategy, legal and negotiation support for investments, prototyping, and system-level demonstrations. Companies must not have previously received support from specific European Union programs, such as Horizon 2020, and should not have secured over 500,000 euros in venture capital funding. Another support program, the Voucher Go to EIC Accelerator, provides 10,000 euros to help startups apply for the European Innovation Council’s Accelerator Instrument, covering essential services like pitch deck creation, video production, and graphic design.

Last but not least, the Start from Knowledge Program offers 30,000 euros to startups founded by individuals connected to higher education, such as researchers or faculty members. This funding aims to encourage the transfer of scientific and technological knowledge into the national business sector. It supports activities such as business preparation, participation in programs for ignition and acceleration, marketing strategy development, and research projects. To qualify for these supports, companies must be legally established, with their tax and social security situations regularized, and they must present positive financial status. Applications are evaluated by a designated technical team, with funding decisions made within 30 working days and results communicated within five days.

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8. Portugal Is the Fourth Highest Consumer of Renewable Energy in the EU

Portugal was the fourth-largest consumer of renewable energy in the European Union in 2023, with 63% of its electricity consumption coming from renewable sources. Only Austria, Sweden, and Denmark had a higher share of renewable energy consumption. According to Eurostat (the European statistics office), renewable energy sources accounted for 45.3% of total electricity consumption across the EU, marking a significant increase of 4.1 percentage points from the previous year, the largest annual growth in renewable energy consumption since 2004.

The growth in renewable energy consumption was largely driven by wind and hydropower, which together accounted for more than two-thirds of the total renewable electricity generation. Wind power contributed 38.5%, while hydropower represented 28.2%. Solar energy followed, contributing 20.5%, with solid biofuels and other renewable sources representing 6.2% and 6.6%, respectively. The EU’s expansion of solar and wind energy in the last decade has been a key factor in this rise. Solar power, in particular, has seen rapid growth, jumping from just 7.4 terawatt-hours (TWh) in 2008 to 252.1 TWh in 2023.

As mentioned, in addition to Portugal, other EU countries like Austria, Sweden, and Denmark also consumed a high proportion of renewable energy, with renewable sources making up 87.8%, 87.5%, and 79.4% of their electricity consumption, respectively. Conversely, countries like Malta, the Czech Republic, Luxembourg, and Hungary had lower shares of renewable electricity, with Malta at just 10.7%. Based on current trends, 2024 is expected to see another record year, as Portugal’s renewable energy production reached a historic 36.7 TWh, meeting 71% of the national electricity consumption.

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9. Portuguese President Insists That Europe Must Be Involved in the Ukraine Negotiations

Marcelo Rebelo de Sousa, the Portuguese President of the Republic, emphasized that Europe must be involved in the negotiations to end the war in Ukraine, pointing out that, overall, Europe has contributed more than the United States. Speaking from Recife, where he was visiting Brazil, he stressed that the war is not just an European conflict but a global one, and Europe’s security is at stake. He argued that the absence of Europe from discussions between the world’s major powers would disrupt the balance of global power.

In addressing the meeting convened by French President Emmanuel Macron, which includes European heads of government and NATO leaders, Marcelo refrained from making specific predictions but expressed a clear stance: the world without Europe would be poorer, and Europe must have an active role in shaping decisions regarding the war. He warned that agreements on the conflict should not happen without Europe’s presence, as much of what exists globally owes its existence to European contributions.

Regarding Portugal’s absence from the meeting, the President explained that it was a decision based on the involvement of the five largest European economies and countries like Denmark, due to its unique position on the matter. He reiterated Portugal’s loyalty to its allies and partners, expressing that Portugal and Europe deserve the same loyalty in return. His remarks also rejected negotiations “on the sidelines” of Europe or Ukraine, highlighting his concern about the potential breakdown of alliances.

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10. The Chinese Move Forward with Historic Investment in Sines, Portugal – A Battery Factory That Could Represent More Than 4% of GDP

After three years of discussions, the Chinese company CALB is making a “historic investment for the green economy in Portugal,” valued at around two billion euros. The company will build a state-of-the-art lithium battery production facility in Sines, which is expected to create 1,800 direct jobs. Once fully operational, by 2028, the factory could represent more than 4% of Portugal’s GDP, potentially surpassing the economic impact of the Volkswagen Autoeuropa factory. This investment is a major step in supporting the transition of the European automotive sector to electric vehicles.

The CALB factory will have an initial production capacity of 15 GWh, with plans for expansion to 45 GWh in three years. The company’s goal is to position Portugal at the forefront of electric vehicle battery production in Europe, aligning with its commitment to innovation and environmental leadership. As such, the factory’s role is seen as vital in meeting the growing demand for clean energy solutions in the European electric mobility sector, contributing to energy security, economic growth, and sustainability.

Note that the project is one of the largest foreign investments in Portugal in recent decades. The official launch will take place in Lisbon on February 24, 2025, with the Minister of Economy presiding over the ceremony. CALB’s decision to invest in Portugal is largely driven by the exceptional logistical advantages of the location, offering a deep-water port and a major rail transportation platform for goods. Despite earlier concerns about political tensions, the government has assured that the project remains on track, with no indication that CALB is reconsidering its investment.

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