Exit polls point to the victory of the party of the Prime Minister of Portugal, António Costa, in the parliamentary elections this Sunday (30).
Early results show Costa’s Socialist Party in the range of 37% to 42.5% – well ahead of the main centre-right opposition, the Social Democrats with 26.7%-35%. If the Socialists don’t get an absolute majority, they could come close to the 116-seat limit.
Far-right Chega, with 4.5%-8.5%, could emerge as the third largest parliamentary force, but it is closely followed by the moderate Liberal Initiative, according to polls published by the three main television channels SIC, RTP and TVI.
The vote was called in November after leftist communist and Costa Left Bloc allies joined the right to overturn their minority government’s budget.
Costa will now have a new chance to form a government and pass the 2022 spending plan. The Left Bloc and communists lost much of their votes compared to the previous election in 2019.
A stable government would bode well for Portugal’s access to a €16.6 billion ($18.7 billion) package of aid for the EU’s pandemic recovery and its success in channeling funds into projects to boost growth. economy in the poorest country in Western Europe.
Source: CNN Brasil
I’m James Harper, a highly experienced and accomplished news writer for World Stock Market. I have been writing in the Politics section of the website for over five years, providing readers with up-to-date and insightful information about current events in politics. My work is widely read and respected by many industry professionals as well as laymen.
