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☆ Portugal’s election shows a surge in support for the far right, reflecting a broader European trend
▼ + stars: | 2024-03-11 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +1 min

Democratic Alliance (AD) leader Luis Montenegro celebrates his victory as he addresses supporters at the party's election night headquarters, in Lisbon on March 10, 2024. Portugal's far-right Chega party on Sunday received a surge in support in the country's snap general election, reflecting a broader shift to the radical right across Europe. Portugal's center-right Democratic Alliance claimed victory in the vote, winning 79 seats in the country's 230-seat National Assembly — well short of a parliamentary majority. The incumbent center-left Socialist Party followed closely behind with 77 seats. The result — which saw the parliamentary representation of the Chega party quadruple to at least 48 lawmakers — gives the political right a combined majority.

Persons: Luis Montenegro, —, Pedro Nuno Santos Organizations: Democratic Alliance, Sunday, Assembly, Socialist Party, Social Democratic Party, Chega, Democratic Locations: Lisbon, Portugal's, Europe

☆ Explainer-What's Next After Portugal's Inconclusive Election
▼ + stars: | 2024-03-11 | by ( March | At P.M. | ) www.usnews.com time to read: +4 min

The centre-left Socialist Party (PS) won 77 seats, down sharply from its absolute majority of 120 in the previous legislature, after the resignation of Socialist Prime Minister Antonio Costa amid a corruption investigation. Failure to approve a budget usually means the government's collapse and a new election. Portugal's constitution sets out that a new general election cannot happen earlier than six months after a new legislature first convenes, nor in the six months before a presidential election, which is due in January 2026. AD'S POLICY PROPOSALSThe newly-formed AD is led by the centre-right Social Democratic Party (PSD) - the Socialists' main traditional rival. Investors do not expect much divergence from established fiscal prudence and economic growth from an AD government.

Persons: Andrei Khalip LISBON, Antonio Costa, Marcelo Rebelo de Sousa, Luis Montenegro, Andre Ventura, Rebelo de Sousa, Chega, Ventura, Sergio Goncalves, Aislinn Laing, Mark Heinrich Organizations: Democratic Alliance, Liberal Initiative, Socialist Party, Socialist, Conservative, Social Democratic Party, PSD, Socialists, Investors Locations: Montenegro, Portugal, Brussels

☆ Portugal election results: Luis Montenegro’s coalition claims slim win as radical right surges
▼ + stars: | 2024-03-10 | by ( Vasco Cotovio | Sophie Tanno | ) edition.cnn.com time to read: +4 min

The Democratic Alliance coalition won 29.5% of the 98.98% of votes counted early Monday, with the incumbent Socialist Party on 28.7%. The results are not final – but Socialist Party leader Pedro Nuno Santos has already conceded. Chega won 18%, a breakthrough for the radical right party and its leader, André Ventura, a former trainee priest and football pundit. For decades the Socialist Party and center-right Social Democratic Party – the main party in the Democratic Alliance – have taken turns in power. Andre Ventura, the leader of Chega party, speaks to journalists after voting in Lisbon on March 10, 2024.

Persons: Chega, Pedro Nuno Santos, André Ventura, Luis Montenegro, Democratic Alliance –, Antonio Costa, Andre Ventura, Nuno Cruz, Nuno Santos, ” Santos, Ventura’s Chega, –, ”, Ventura Organizations: CNN, Democratic Alliance, Socialist Party, Social Democratic Party –, Social Democratic Party, PSD Locations: Portugal’s, Portugal, Lisbon, Chega, Europe, Greece, Croatia, Western Europe, Costa, Montenegro

Andre Azevedo Alves, political science professor at Lisbon's Catolica University and St Mary's University in London, said the corruption investigation was a "very strong blow" to any PS ambitions. Analysts agree the PSD is likely to come out on top, but doubt its ability to build enough support to form a stable government. "Assuming the likelihood that the PSD will not have (enough) votes to form a government without Chega... we may go from one political crisis to another," Alves said. Waiting for a bus in central Lisbon, Ana Bernardino, 23, vented her concerns about the political outlook. "It is a political crisis and in my opinion it's a bit frustrating that elections are being held again...I'm a bit afraid."

Persons: Marcelo Rebelo de Sousa, Antonio Costa, illegalities, Costa, Costa's, Intercampus, Andre Azevedo Alves, Andre Ventura, Luis Montenegro, Alves, Antonio Barroso, Ana Bernardino, Maria Ines Ferreira, Catarina Demony, Miguel Pereira, Patricia Rua, Andrei Khalip, Nick Macfie, Angus MacSwan Organizations: Socialist Party, Social Democrats, Lisbon's Catolica University, St Mary's University, PSD, Chega, Liberal Initiative, CDS, Thomson Locations: Belem, LISBON, Portugal, London, Lisbon, Europe

By law, an election needs to be held within 60 days of the publishing of the presidential decree dissolving parliament. "I hope that time, sooner rather than later, will allow us to clarify what happened," Rebelo de Sousa said. By calling the March election, Rebelo de Sousa also addressed the need of the PS to pick a new leader to run. Earlier, PS President Carlos Cesar said March would be the best timing, while other parties pointed to January or February. "It is urgent to reestablish trust and prestige in democratic institutions," the leader of the PSD, Luis Montenegro, said after the president announced the election.

Persons: Marcelo Rebelo de Sousa, Rebelo de Sousa, Antonio Costa, illegalities, Costa, Rebelo, Mario Centeno, Filipe Garcia, Mercados, Carlos Cesar, Andre Ventura, Luis Montenegro, Catarina Demony, Sergio Goncalves, Andrei Khalip, Marguerita Choy, Alistair Bell Organizations: Lawmakers, Socialist, Socialist Party, of State, Prosecutors, Bank of Portugal, Social Democrats, PSD, Thomson Locations: LISBON, Portugal, Portuguese, Lisbon, Belem, Europe, Western, Montenegro

Timing is everything," said political scientist Antonio Costa Pinto. By law, an election needs to be held within 60 days of the publishing of the presidential decree dissolving parliament. The PSD is still reeling from defeat in a January 2022 election that caused a leadership change. The 74-year-old former law lecturer and political commentator has used his constitutional power to disband parliament once before, in November 2021. Unlike now, Costa's government then had no parliamentary majority and had just had its budget rejected.

Persons: Marcelo Rebelo de Sousa, Antonio Costa, illegalities, Costa, Antonio Costa Pinto, Ines de Sousa Real, Rebelo de Sousa, Antonio Barroso, Luis Montenegro, Pedro Nuno Santos, Andre Ventura, Patricia Rua, Aislinn Laing, Nick Macfie Organizations: Socialist, Socialist Party, Nature, Social Democratic Party, TAP, Thomson Locations: LISBON, Portuguese, Montenegro

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