Portuguese Prime Minister Antonio Costa chaired an emergency cabinet meeting on ...
LISBON - Portuguese Prime Minister Antonio Costa chaired an emergency cabinet meeting on Friday and was due to meet the president and address the nation after his leftist allies sided with the opposition in a vote that could undermine efforts to balance the budget.
A government spokesman said Costa was due to meet President Marcelo Rebelo de Sousa at 1400 GMT, and would later deliver a televised address to the nation from his residence - although there was no indication of what he was going to say. The wage rise has not yet faced full parliament, which is due to ratify it in a session on May 15. It would not impact this year’s budget.
Opinion polls suggest the Socialists, whose management of the economic turnaround has been a hallmark of their four years in office, are likely to win the autumn vote but may be just short of a majority.
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