Portuguese incumbent Prime Minister and leader of the Socialist party Antonio Costa delivers a speech after the announcement of the exit polls at the Socialist Party campaign headquarters on the election night in Lisbon on January 30, 2022. – Portugal’s Socialist party is projected to win the early election, exit polls showed, predicting the incumbents will take more votes than in 2019 but may still fall short of an outright majority.
Four seats still need to be attributed in the coming days from the results of votes cast abroad, but in 2019 the Socialists obtained two. The prospect of a stable government is crucial for Portugal to make the most of a 16.6 billion euro package of EU recovery funds it is due to receive by 2026. “Without being tied down to the radical left, the Socialists and Costa have the opportunity to apply a more centrist and European recipes,” daily newspaper Publico wrote in an editorial.
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