BusinessPostCorner.com
No Result
View All Result
Saturday, July 5, 2025
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
BusinessPostCorner.com
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
No Result
View All Result
BusinessPostCorner.com
No Result
View All Result

Far right surges in Portugal as moderate conservatives win election

May 19, 2025
in Finance
Reading Time: 3 mins read
A A
0
Far right surges in Portugal as moderate conservatives win election
ShareShareShareShareShare

Unlock the Editor’s Digest for free

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.

The far-right Chega party has smashed Portugal’s two-party duopoly by riding a wave of anti-immigrant sentiment to tie for second place in a parliamentary election won by the governing centre-right Democratic Alliance (AD).

André Ventura, Chega’s populist leader, secured a record share of the vote and was neck and neck with the Socialist party in the number of elected lawmakers early on Monday, with results in from 226 of 230 parliamentary seats.

The result means Portugal joins a list of western European countries where far-right parties are either the second-biggest political force or close to it, including Germany, Sweden, Finland and Belgium. In the Netherlands, the far-right party of Geert Wilders won an election in 2023.

“Today, we can confidently announce that the two-party system in Portugal has come to an end” Ventura said as he declared that “Chega has become the second-largest political party”.

But the result is unlikely to give him a taste of power. Prime Minister Luís Montenegro, a moderate conservative, has refused to do any deals with Chega.

In a snap election precipitated by conflict-of-interest allegations against the prime minister, Montenegro’s AD performed better than it did in the last vote 14 months ago, but again fell short of a parliamentary majority, meaning he is likely to form another minority government.

Chega’s surge means it will have more clout and will press the AD to move further to the right. Ventura, who has been labelled a xenophobe by opponents, declared in the campaign that “Portugal is flooded with illegal immigration and corruption”.

A former trainee priest and football pundit, Ventura increased his party’s share to 22.6 per cent from 18 per cent in the last election in March 2024.

The governing AD’s vote rose by 3.4 percentage points to 32.1 per cent, a sign it was not hurt by the scandal over Montenegro, whose government collapsed when he lost a confidence vote over his alleged failure to divest a stake in a business he founded.

Although the Socialist party won a slightly higher share of the vote than Chega, its leader Pedro Nuno Santos resigned, having overseen its worst electoral performance since 1987. The Socialists tied with Ventura’s party on 58 parliamentary seats, while the AD won 86.

The results of four undeclared seats, whose electors are Portuguese living overseas, will not be known until later this week. In 2024, Chega won two of those seats while the Socialists won one.

The rise of Chega, founded in 2019, has been fuelled by public unease over immigration in a country of 10mn where the foreign-born population has jumped to 15 per cent, from 4 per cent in 2017.

In an effort to stem the rise of Chega, Montenegro’s government ended what it called the “open doors” immigration policy of the previous Socialist government and introduced a tougher “regulated and humane” approach.

Recommended

Marina Costa Lobo, director of Lisbon’s Institute of Social Sciences, said Chega gained in elections in 2022 and 2024 by wooing voters from the centre-right and mobilising people who had previously abstained, but this time, it also did well in traditionally left-leaning areas.

“The Socialists had managed to retain an electorate in 2024 that was less educated and lower income. These groups in other European countries have tended to vote for the far right,” she said. “This time, it seems that a considerable number of these voters may have shifted to Chega.”

Montenegro was able to take office last year because the Socialist party abstained from a parliamentary vote on the formation of a government — something he will need it to do again to secure a new term.

Socialist leader Santos said he would leave his successor to decide whether to help Montenegro stay in power.

Credit: Source link

ShareTweetSendPinShare
Previous Post

Dow futures drop 250 points and Treasury yields jump after Moody’s downgrades U.S. debt

Next Post

Sweden: a socialist paradise overflowing with billionaires

Next Post
Sweden: a socialist paradise overflowing with billionaires

Sweden: a socialist paradise overflowing with billionaires

Google’s Gemini AI Predicts the Price of XRP, Solana and Cardano by the End of 2025

Google’s Gemini AI Predicts the Price of XRP, Solana and Cardano by the End of 2025

July 4, 2025
Trump says US to start sending out tariff letters to trade partners

Trump says US to start sending out tariff letters to trade partners

July 4, 2025
ChatGPT’s 42-Signal DOGE Analysis Flags Key alt=

ChatGPT’s 42-Signal DOGE Analysis Flags Key $0.155 Support Test Amid Musk Drama

July 4, 2025
China left off toughest tier of UK regime tracking ‘covert foreign influence’

China left off toughest tier of UK regime tracking ‘covert foreign influence’

June 30, 2025
US dollar suffers worst start to year since 1973

US dollar suffers worst start to year since 1973

June 30, 2025
Trump’s pressure on Apple to make All-American phones ignores the last tech giant that tried and failed

Trump’s pressure on Apple to make All-American phones ignores the last tech giant that tried and failed

July 5, 2025
BusinessPostCorner.com

BusinessPostCorner.com is an online news portal that aims to share the latest news about following topics: Accounting, Tax, Business, Finance, Crypto, Management, Human resources and Marketing. Feel free to get in touch with us!

Recent News

Israel to join ceasefire talks despite ‘unacceptable’ response from Hamas

Israel to join ceasefire talks despite ‘unacceptable’ response from Hamas

July 5, 2025
Texas flood: At least 32 dead as search continues for missing girls

Texas flood: At least 32 dead as search continues for missing girls

July 5, 2025

Our Newsletter!

Loading
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2023 businesspostcorner.com - All Rights Reserved!

No Result
View All Result
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources

© 2023 businesspostcorner.com - All Rights Reserved!