The China Mail - Campaigning wraps up for tight Portugal snap election

USD -
AED 3.673042
AFN 72.000368
ALL 87.274775
AMD 390.940403
ANG 1.80229
AOA 912.000367
ARS 1137.970104
AUD 1.565349
AWG 1.8
AZN 1.70397
BAM 1.720686
BBD 2.017877
BDT 121.428069
BGN 1.721593
BHD 0.376901
BIF 2930
BMD 1
BND 1.312071
BOB 6.906563
BRL 5.808204
BSD 0.999437
BTN 85.314611
BWP 13.77569
BYN 3.270808
BYR 19600
BZD 2.007496
CAD 1.384165
CDF 2877.000362
CHF 0.81849
CLF 0.025203
CLP 967.160396
CNY 7.30391
CNH 7.30369
COP 4310
CRC 502.269848
CUC 1
CUP 26.5
CVE 97.403894
CZK 22.038604
DJF 177.720393
DKK 6.56557
DOP 60.503884
DZD 132.56604
EGP 51.126904
ERN 15
ETB 133.023649
EUR 0.879325
FJD 2.283704
FKP 0.753159
GBP 0.753835
GEL 2.740391
GGP 0.753159
GHS 15.56039
GIP 0.753159
GMD 71.503851
GNF 8655.503848
GTQ 7.698128
GYD 209.656701
HKD 7.76252
HNL 25.908819
HRK 6.612104
HTG 130.419482
HUF 359.10504
IDR 16862.9
ILS 3.68395
IMP 0.753159
INR 85.377504
IQD 1310
IRR 42125.000352
ISK 127.590386
JEP 0.753159
JMD 157.965583
JOD 0.709304
JPY 142.17104
KES 129.503801
KGS 87.233504
KHR 4015.00035
KMF 433.503794
KPW 899.977001
KRW 1418.390383
KWD 0.30663
KYD 0.832893
KZT 523.173564
LAK 21630.000349
LBP 89600.000349
LKR 298.915224
LRD 199.975039
LSL 18.856894
LTL 2.95274
LVL 0.60489
LYD 5.470381
MAD 9.275039
MDL 17.289555
MGA 4552.892736
MKD 54.091003
MMK 2099.608303
MNT 3548.057033
MOP 7.990393
MRU 39.435529
MUR 45.090378
MVR 15.403739
MWK 1736.000345
MXN 19.72174
MYR 4.407504
MZN 63.905039
NAD 18.856894
NGN 1604.703725
NIO 36.775056
NOK 10.481075
NPR 136.503202
NZD 1.685133
OMR 0.384998
PAB 0.999437
PEN 3.763039
PGK 4.133235
PHP 56.712504
PKR 280.603701
PLN 3.762405
PYG 7999.894426
QAR 3.640604
RON 4.378104
RSD 103.137317
RUB 82.174309
RWF 1415
SAR 3.752237
SBD 8.368347
SCR 14.241693
SDG 600.503676
SEK 9.63369
SGD 1.310745
SHP 0.785843
SLE 22.775038
SLL 20969.483762
SOS 571.503662
SRD 37.15037
STD 20697.981008
SVC 8.745073
SYP 13001.68631
SZL 18.820369
THB 33.347038
TJS 10.733754
TMT 3.5
TND 2.988038
TOP 2.342104
TRY 38.12382
TTD 6.781391
TWD 32.524038
TZS 2687.503631
UAH 41.417687
UGX 3663.55798
UYU 41.913007
UZS 12986.521678
VES 80.85863
VND 25870
VUV 121.398575
WST 2.784098
XAF 577.111964
XAG 0.03066
XAU 0.000301
XCD 2.70255
XDR 0.717698
XOF 575.000332
XPF 102.775037
YER 245.250363
ZAR 18.840363
ZMK 9001.203587
ZMW 28.458439
ZWL 321.999592
  • RELX

    1.0000

    52.2

    +1.92%

  • GSK

    0.5600

    35.93

    +1.56%

  • NGG

    0.6300

    72.11

    +0.87%

  • SCS

    0.0500

    9.76

    +0.51%

  • RBGPF

    63.5900

    63.59

    +100%

  • RYCEF

    -0.1400

    9.36

    -1.5%

  • CMSC

    0.0400

    21.82

    +0.18%

  • AZN

    0.5400

    67.59

    +0.8%

  • BTI

    0.5400

    42.37

    +1.27%

  • RIO

    1.0100

    58.17

    +1.74%

  • JRI

    0.1600

    12.4

    +1.29%

  • BCC

    0.7800

    93.47

    +0.83%

  • BCE

    0.4200

    22.04

    +1.91%

  • CMSD

    0.0400

    21.96

    +0.18%

  • BP

    0.6600

    28.32

    +2.33%

  • VOD

    0.1400

    9.31

    +1.5%

Campaigning wraps up for tight Portugal snap election
Campaigning wraps up for tight Portugal snap election

Campaigning wraps up for tight Portugal snap election

Campaigning wraps up Friday for a tightly-fought weekend general election in Portugal, with polls pointing to a hung parliament and huge gains by the far-right.

Text size:

Prime Minister Antonio Costa's Socialists, in office since 2015, are running neck-and-neck with the main opposition centre-right PSD party, according to final surveys published on Friday.

The polls suggest neither party will achieve a parliamentary majority at a crucial time when the nation of some 10 million people is trying to boost its tourism-dependent economy which has been badly hit by the coronavirus pandemic.

A stable government is needed if Portugal is to make the most of a 16.6-billion-euro ($18.7 billion) package of EU recovery funds it is due to receive by 2026.

Sunday's snap polls were called in November, a month after two far-left parties that had propped up Costa's minority government sided with right-wing parties to reject his 2022 draft budget.

The Socialists then had a 13-percentage-point lead over the PSD, which has moved more to the centre since former Porto mayor Rui Rio took over the party.

Speaking at a campaign rally in Lisbon late on Thursday, Costa, 60, asked all leftists to vote for the Socialists to "resolve the tie" with the PSD.

He has warned that a PSD government would be held "hostage" by the far-right party Chega whose support it would likely need -- according to him -- to pass legislation.

"There are no free lunches," he has repeatedly said.

- Far-right gains -

Chega currently has one member of parliament but polls suggest it could emerge as the third largest party, mirroring gains for the far right elsewhere in Europe.

PSD's Rio has repeatedly vowed not include Chega, which translates as "Enough", in a coalition government and accused Costa of trying to "instill confusion and fear".

The PSD has made gains since it re-elected Rio as its leader in November, turning the page on a long period of internal splits over strategy.

If the PSD wins the most seats but falls short of a majority, it will try to form a coalition with the smaller CDS and Liberal Initiative parties, said political scientist Antonio Costa Pinto.

"Chega would be a very complicated partner for the PSD because it is very unstable," he added.

If the Socialists garner the most votes but lack a majority, Costa has said he plans to govern alone by negotiating support from other parties for laws on a case-by-case basis.

This government would also be "relatively unstable, with little chance of lasting until 2026," said Costa Pinto.

- Pandemic voting measures -

During the last election in October 2019, the Socialists won 108 seats -- eight shy of outright majority.

Under Costa's watch Portugal has rolled back austerity measures, maintained fiscal discipline and slashed unemployment to pre-pandemic levels.

The country also achieved the highest immunisation rate against Covid-19 in Europe, with over 90 percent of its population fully vaccinated.

Polls show voters consider Costa to be a more competent leader than Rio.

"No government is perfect. But in general I think they did well," said Eduardo Carrilho, who is in his 60s, at his newspaper stand in Lisbon's riverside Baixa neighbourhood.

To try to avoid large gatherings on election day because of the pandemic, voters were given the possibility to coast their ballots in advance on January 23.

And voters who are quarantining because of the virus will be allowed to leave home to cast their ballot, with a recommended one-hour slot from 6:00-7:00 pm.

C.Fong--ThChM