Portuguese President Marcelo Rebelo de Sousa warns that if the budget reaches a dead end, Portugal risks a political crisis.

Portuguese President Marcelo Rebelo de Sousa warns that if the budget reaches a dead end, Portugal risks a political crisis.

“If there is no budget, there will be a political and economic crisis.”The head of state announced to the media, without confirming whether he intended to dissolve parliament and call new elections six months after the March elections, if the finance law that the executive branch must present on October 10 is rejected.

After trading accusations of lack of will to reach a budget deal, Prime Minister Luis Montenegro and opposition leader Pedro Nuno Santos are scheduled to meet on Friday. “There will be no elections unless the government and the president want them to be.”“Mr. Santos said, reiterating, “availability” The Socialists are negotiating, while demanding that the government abandon tax measures in favour of companies and qualified young people.

Montenegro’s executive does not have a majority in parliament, and to secure a budget it must negotiate either abstentions from the Socialist Party or votes in favour of the far-right Čega formation, which has cemented its position as the country’s third political force, winning 18% of the vote in last March’s elections. “Shiga will not participate in this offer because we understood from the first moment that the government actually does not want to negotiate with anyone.”Party leader Andre Ventura said Monday.

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