Tag: economic stability

June 6, 2024
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Politics

Portugal's Socialists and Far-Right Block Government Budget as Economic Concerns Mount

Portugal's Socialist Party and the far-right Chega party have blocked the government's budget proposal, citing economic instability. This collaboration marks the second instance of opposition parties uniting over fiscal concerns. Prime Minister Costa's administration faces criticism, with the country's high debt levels and the handling of the post-pandemic economy at the forefront of the debate. Early elections loom as a consequence.