LISBON, PORTUGAL -- Portuguese voters went to the polls Sunday in an early election that looked to produce another vulnerable minority government, just as the country is poised to start spending a huge windfall of European Union pandemic funds.
The landslide victory needed to form a majority government, which can pass most legislation despite opposition in parliament, is rare. Portugal has had just three majority governments in the past half-century. Two-thirds of that sum is intended for public projects, such as major infrastructure, giving the next government a financial bonanza. The other third is to be awarded to private companies.
He said the coming years would be marked by "leaving behind a painful pandemic an urgent rebuilding of the economy." Costa could seek to resurrect the left-of-center alliance, despite some acrimonious exchanges during the election campaign. The Social Democratic Party is promising income tax cuts and more help for private companies, cutting corporate tax from the current 21% to 17% by 2024.
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