Portugal’s centre-right government has secured approval for its 2026 budget following a crucial abstention by the Socialist Party, Reuters reports via Investing.com. The budget passage marks a significant political development, underscoring a pragmatic cooperation between rival parties amid economic challenges. This agreement paves the way for the government’s fiscal agenda while highlighting shifting dynamics within Portugal’s parliamentary landscape.
Portugal’s Centre-Right Government Secures 2026 Budget Amid Socialist Abstention
Portugal’s centre-right coalition has successfully pushed through the 2026 state budget, navigating a complex political landscape shaped by the abstention of the main opposition Socialist Party. This abstention proved pivotal, allowing the government to secure the necessary majority in parliament without relying on broader cross-party consensus. The budget plan emphasizes fiscal discipline while investing strategically in key sectors such as…
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Author : Charlotte Adams
Publish date : 2025-11-28 14:11:00
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