Portugal Sets Early Elections for 2024

Portugal’s President, Marcelo Rebelo de Sousa, has moved up the parliamentary elections to March 10, 2024.

This change follows the resignation of Prime Minister António Costa. Costa stepped down amid claims of corruption.

President Sousa announced this decision on TV. He spoke after meeting with the Council of State.

The President said this early election aims to bring clear direction to Portugal. This need arose after the political upset caused by Costa’s departure.

The President plans to dissolve the Parliament. This step is to prepare for the early elections.

He stressed the importance of maintaining economic and social stability. This stability is assured by the already approved State Budget for 2024.

On October 31, Portugal’s Parliament approved the initial draft of the 2024 budget. The final vote on this budget is set for November 29.

President Sousa thanked Costa for his service. He hopes for a clear understanding of the corruption allegations against Costa in time.

The President emphasized the budget’s role. He said it meets the needs of many in Portugal.

It also supports the ongoing Recovery and Resilience Plan. This plan is crucial, despite the government change or Parliament’s dissolution.

This week, an investigation into Costa’s actions was revealed. It involves alleged corruption in lithium and hydrogen contract dealings.

These allegations led to Costa’s resignation. The inquiry includes nine suspects, with five already in custody.

Background

Historically, Portugal has seen stable governance. The country returned to democracy in 1974 after a long dictatorship.

Since then, it has maintained a parliamentary republic system. This system relies on regular, free elections.

The President’s role is largely ceremonial, but he can call elections. The Prime Minister, chosen from the parliament, runs the government.

Recent years have seen economic growth in Portugal. However, political scandals have occasionally shaken public trust.

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