Portuguese Socialists Win, Eye Major Investments

Portugal’s center-left Socialist Party won a third straight general election Sunday, Jan. 30, 2022, returning it to power as the country prepares to deploy billions of euros of European Union (EU) aid for the economy after the COVID-19 pandemic.

Photo Insert: Socialist leader António Costa is expected to return to his post as prime minister.

In a ballot that took place amid a surge of coronavirus cases blamed on the omicron variant, and with around 1 million infected voters allowed to leave home to cast their ballots, the Socialists elected at least 112 lawmakers in the 230-seat parliament, Barry Hatton reported for the Associated Press on Jan. 31.

The country has been falling behind the rest of the 27-nation EU since 2000 when its real annual gross domestic product per capita was 16,230 euros ($18,300) compared with an EU average of 22,460 ($25,330). By 2020, Portugal had edged higher to 17,070 euros ($19,250) while the bloc’s average surged to 26,380 euros ($29,750).

With 98.7% of votes counted, the Socialists had 41%, compared with 28% for their main rival, the center-right Social Democratic Party, which took at least 68 parliamentary seats. Eighteen seats remained to be allocated.

It was unclear whether the Socialists would reach 116 lawmakers, allowing it to enact legislation alone, or whether it would fall short of that number and need to cut deals for the support of smaller parties. Late results could come Monday.

Socialist leader António Costa, expected to return to his post as prime minister, immediately offered an olive branch to his adversaries. He said he would encourage alliances with other parties in parliament to overcome the country’s pandemic-inspired economic difficulties.

“The mission is to turn the page on the pandemic and bring affected sectors back to life,” Costa said in a victory speech. The stakes are high for the next administration. Portugal, a country of 10.3 million people and the poorest in Western Europe, is poised to begin deploying 45 billion euros ($50 billion) of aid as a member of the EU to help spur the economy after the pandemic.

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