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Portuguese Center-Right Coalition Ends Socialists' 8-Year Reign; Populist Party Soars

Portuguese Center-Right Coalition Ends Socialists’ 8-Year Reign; Populist Party Soars

by Zero Hedge
March 12, 2024
in Aggregated, News

  • Former White House Advisor: “Trump to Release $150 Trillion Endowment”


In the latest demonstration of a broad swing to the political right among the peoples of Europe, a tight parliamentary election in Portugal has ended with the Socialist Party conceding that its 8-year grip on power has ended. A center-right coalition emerged with a thin edge, while a populist, anti-immigration, tough-on-crime party emerged as a major force.

With 99% of votes tallied, the center-right AD coalition had 79 seats to the Socialists’ 77 . But the biggest storyline is the phenomenal surge by the populist Chega party, which is suddenly the third-largest in Portugal, despite having been founded less than five years ago. via Bloomberg The AD party won a plurality, but not enough of the 230 total seats to create a new government on its own. Luis Montenegro, who leads the Social Democratic Party — the largest in the victorious AD coalition — has repeatedly promised he wouldn’t […]

Read the Whole Article From the Source: www.zerohedge.com

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