LUSA 02/28/2026

Lusa - Business News - Portugal: Agriculture, fisheries sectors report more than €449M in storm losses

Lisbon, Feb. 27, 2026 (Lusa) - The agriculture and fisheries sectors have already reported losses of more than €449 million due to damage caused by bad weather, a source from this ministry said on Friday.

As of 10:00 a.m. today, 8,147 applications for support had been submitted to the Regional Coordination and Development Commissions (CCDR), totalling €449.3 million in losses.

Of this amount, €184 million was declared through 2,945 applications submitted to the CCDR of the Centre, which includes the regions of Beira Baixa, Beiras and Serra da Estrela, Aveiro, Coimbra, Leiria, and Viseu Dão Lafões.

In the Lisbon and Tagus Valley area, which covers Greater Lisbon, the Setúbal Peninsula, Oeste, Lezíria do Tejo, and Médio Tejo, 1,597 applications for support were submitted, corresponding to losses of €141.6 million.

This is followed by Alentejo, with 642 applications and a declared loss of €75.8 million, the North, with €42.2 million and 2,918 submissions, and the Algarve, with 45 applications for support and €5.5 million.

Eighteen people died in Portugal, six of them in the municipality of Leiria, following the passage of storms Kristin, Leonardo, and Marta, which also caused many hundreds of injuries and displaced people.

Support for agriculture is intended to restore productive potential, covering damage to farms and crops, while support for fisheries aims to compensate fishermen for days they were unable to go to sea.

The total or partial destruction of homes, businesses, and equipment, the fall of trees and structures, the closure of roads, schools, and transport services, and the cutting of power, water, and communications, floods, and inundations are the main material consequences of the storm.

The regions of Centro, Lisbon and Tagus Valley, and Alentejo were the most affected.

The state of emergency covering the 68 most affected municipalities ended on February 15.

FCC/ADB // ADB.

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