Close Menu
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
What's Hot

Here are the 3 big reports we’re watching in the stock market in the week ahead

May 18, 2025

Could Brazilian leader Lula’s Beijing trip herald greater Chinese defence role in region?

May 18, 2025

At least 10 reported killed in suicide bomb blast in Somalia’s Mogadishu | News

May 18, 2025
Facebook X (Twitter) Instagram
Sunday, May 18
Facebook X (Twitter) Instagram
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
World Economist – Global Markets, Finance & Economic Insights
Home » Portugal holds its 3rd general election in 3 years but the vote might not restore stability
Europe

Portugal holds its 3rd general election in 3 years but the vote might not restore stability

adminBy adminMay 18, 2025No Comments4 Mins Read
Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
Share
Facebook Twitter Pinterest Email Copy Link
Post Views: 2


LISBON, Portugal (AP) — Voters in Portugal return to the polls Sunday for a third general election in three years, as the country’s increasingly fragmented political landscape defies efforts to unite behind policies on pressing national issues such as immigration, housing and the cost of living.

Hopes that the ballot might end the worst spell of political instability in decades for the European Union country of 10.6 million people could be dashed, however. Polls suggest the election is poised to deliver yet another minority government, leaving the Portuguese back where they started.

“What the polls indicate is that there will not be major differences from the last election results,” says Marina Costa Lobo, head researcher at Lisbon University’s Institute of Social Sciences. That outcome could bring another scramble to build political alliances in Parliament, she said.

For the past 50 years two parties have dominated politics in Portugal, with the center-right Social Democrats and the center-left Socialist Party alternating in power. They are likely to come out on top in this ballot, too.

But public frustration with their record in government has fueled the growth of new alternatives in recent years. That has denied the bigger parties enough seats in Parliament to snare a majority needed to ensure they serve a full four-year term.

“I really don’t know who to go for,” said 47-year-old Lisbon resident Patricia Fortes. “I’m fed up with the main parties, but then I feel I don’t know the other parties well enough.”

A center-right minority government headed by the Social Democrats in partnership with the smaller Popular Party lost a confidence vote in parliament in March after less than a year in power, as opposition lawmakers teamed up against it. That triggered an early election, which had been due only in 2028.

Polls have suggested that the partnership, called Democratic Alliance, again has a small lead over the Socialists but likely not enough to secure 116 seats in the 230-seat National Assembly, Portugal’s parliament.

Voting begins at 8 a.m. (0700 GMT) and ends at 8 p.m. (1900 GMT), when exit polls can be published. Most official results are expected by midnight (2300 GMT).

The confidence vote was triggered by a political storm around potential conflicts of interest in the business dealings of Social Democrat Prime Minister Luis Montenegro’s family law firm. Montenegro has denied any wrongdoing and is standing for reelection.

Corruption scandals have dogged Portuguese politics in recent years. That has helped fuel the rise of Chega (Enough), a hard-right populist party whose leader Andre Ventura says he has “zero tolerance” for misconduct in office.

But Chega, which shot from 12 to 50 seats to come third in last year’s election, has recently fallen foul of its own lawmakers’ alleged wrongdoing.

One of them is suspected of stealing suitcases from the Lisbon airport and selling the contents online, and another allegedly faked the signature of a dead woman. Both resigned.

Chega owes much of its success to its demands for a tighter immigration policy that has resonated with voters.

Portugal has witnessed a steep rise in immigration. In 2018, there were fewer than a half-million legal immigrants in the country, according to government statistics. By early this year, there were more than 1.5 million, many of them Brazilians and Asians working in tourism and farming.

Thousands more are undocumented. The outgoing government announced two weeks before the election it was expelling some 18,000 foreigners living in the country without authorization. Though such a step is routine, the timing drew accusations it was trying to capture votes from Chega.

Socialist leader Pedro Nuno Santos, who is also standing for prime minister, described the move as a “Trumpification” of Portuguese politics, referring to U.S. President Donald Trump’s focus on immigration policies.

A housing crisis has also fired debate. House prices and rents have been soaring for the past 10 years, due in part to an influx of white-collar foreigners who have driven up prices.

House prices jumped another 9% last year, the National Statistics Institute, a government body, said. Rents in and around the capital Lisbon, where some 1.5 million people live, last year saw the steepest rise in 30 years, climbing more than 7%, the institute said.

People complain they can’t afford to buy or rent a home where they come from and that they and their children have to move away to buy.

The problem is compounded by Portugal being one of Western Europe’s poorest countries.

The average monthly salary last year was around 1,200 euros ($1,340) before tax, according to the statistics agency. The government-set minimum wage this year is 870 euros ($974) a month before tax.

___

Helena Alves in Lisbon contributed.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
admin
  • Website

Related Posts

Europe

Russia launches one of biggest drone attacks on Ukraine since start of war, killing at least 1

May 18, 2025
Europe

Poles vote for a new president as security concerns loom large

May 18, 2025
Europe

Romanians cast ballots in a tense presidential runoff that pits nationalist against pro-EU centrist

May 18, 2025
Europe

Pope Leo XIV takes his first popemobile ride through St. Peter’s Square ahead of installation

May 17, 2025
Europe

No pilot for 10 minutes during a Lufthansa flight in 2024 because of fainting incident, report says

May 17, 2025
Europe

Vatican could be a venue for Russia-Ukraine talks, Rubio says, after pope renews an offer to help

May 17, 2025
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Moody’s downgrade intensifies investor worry about US fiscal path – Business & Finance

May 18, 2025

Punjab CM extends Rs23.91bn business loans in three months – Business & Finance

May 18, 2025

T O Act: Tanveer greets trade bodies for securing amendments – Business & Finance

May 18, 2025

Prices of essential kitchen items show declining trend – Markets

May 18, 2025
Latest Posts

Food import bill nears $7bn in July-April – Business

May 18, 2025

Bank advances drop by Rs1.6tr in January-April – Business

May 18, 2025

Olive value chain policy submitted to cabinet for approval – Business

May 18, 2025

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Recent Posts

  • Here are the 3 big reports we’re watching in the stock market in the week ahead
  • Could Brazilian leader Lula’s Beijing trip herald greater Chinese defence role in region?
  • At least 10 reported killed in suicide bomb blast in Somalia’s Mogadishu | News
  • Will a rise in inflation derail the BoE’s rate cut plans?
  • America’s sickness economy

Recent Comments

No comments to show.

Welcome to World-Economist.com, your trusted source for in-depth analysis, expert insights, and the latest news on global finance and economics. Our mission is to provide readers with accurate, data-driven reports that shape the understanding of economic trends worldwide.

Latest Posts

Here are the 3 big reports we’re watching in the stock market in the week ahead

May 18, 2025

Could Brazilian leader Lula’s Beijing trip herald greater Chinese defence role in region?

May 18, 2025

At least 10 reported killed in suicide bomb blast in Somalia’s Mogadishu | News

May 18, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Archives

  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • June 2024
  • October 2022
  • March 2022
  • July 2021
  • February 2021
  • January 2021
  • November 2019
  • April 2011
  • January 2011
  • December 2007
  • July 2007

Categories

  • AI & Tech
  • Asia
  • Banking
  • Business
  • Business
  • China
  • Climate
  • Computing
  • Economist Impact
  • Economist Intelligence
  • Economy
  • Editor's Choice
  • Europe
  • Europe
  • Featured
  • Featured Business
  • Featured Climate
  • Featured Health
  • Featured Science & Tech
  • Featured Travel
  • Finance & Economics
  • Health
  • Highlights
  • Markets
  • Middle East
  • Middle East & Africa
  • Middle East News
  • Most Viewed News
  • News Highlights
  • Other News
  • Politics
  • Russia
  • Science
  • Science & Tech
  • Social
  • Space Science
  • Sports
  • Sports Roundup
  • Tech
  • This week
  • Top Featured
  • Travel
  • Trending Posts
  • Ukraine Conflict
  • Uncategorized
  • US Politics
  • USA
  • World
  • World & Politics
  • World Economy
  • World News
© 2025 world-economist. Designed by world-economist.
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.