Skip to content
August 5, 2025
  • Facebook
  • Twitter
  • Instagram
  • Youtube
  • tiktok
MILLENNIUM NEWS 24/7

MILLENNIUM NEWS 24/7

Bridging The Community’s World Wide

  • Home
  • IP TV LIVE
  • PODCAST
  • U.S.News
  • LOCAL ELECTION
  • State News
    • Alabama
    • Alaska
    • Arizona
    • Arkansas
    • California
    • Colorado
    • Connecticut
    • Delaware
    • Florida
    • Georgia
    • Hawaii
    • Idaho
    • Illinois
    • Indiana
    • Iowa
    • Kansas
    • Kentucky
    • Louisiana
    • Maryland
    • Massachusetts
    • Michigan
    • Maine
    • Minnesota
    • Mississippi
    • Missouri
    • Montana
    • Nebraska
    • Nevada
    • New Hampshire
    • New Jersey
    • New Mexico
    • New York
    • North Carolina
    • North Dakota
    • Oregon
    • Pennsylvania
    • Rhode Island
    • South Carolina
    • South Dakota
    • Tennessee
    • Texas
    • Virginia
    • Washington
    • West Virginia
    • U.S. Virgin Islands
  • Politics
  • World News
  • Sports
  • Entertainment
  • Weather
  • Business
  • Advisement
  • Health News
  • About Us
  • Contact us
Live TV

Socialists win reelection in Portugal, eye major investments

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

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.

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.

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.

A parliamentary majority would smooth the next government’s path in allocating those funds in a country whose economy has struggled to gain traction since the turn of the century.

The past two Socialist administrations were minority governments. Since coming to power in 2015, the Socialist Party relied on the support of their smaller allies in parliament — the Left Bloc and the Portuguese Communist Party — to ensure the annual state budget had enough votes to pass.

But two months ago their differences, especially over public health spending and workers’ rights, were insurmountable, leaving prime minister Costa short of votes in parliament to pass his party’s plan and triggering a snap election.

Costa may need to repeat his political shrewdness to forge another cross-party alliance in a fragmented parliament.

About Author

dreamboy

See author's posts

Continue Reading

Previous: Beijing seals off more residential areas, reports 12 cases
Next: Asian stocks follow Wall St higher at start of holiday week

Related Stories

Profits drop at Warren Buffett’s Berkshire Hathaway as it writes down its Kraft Heinz investment

Profits drop at Warren Buffett’s Berkshire Hathaway as it writes down its Kraft Heinz investment

What consumers can expect from import taxes as the US sets new tariff rates

What consumers can expect from import taxes as the US sets new tariff rates

Trading a suit for boots and a hard hat: Behind the scenes at the Federal Reserve, mid-renovation

Trading a suit for boots and a hard hat: Behind the scenes at the Federal Reserve, mid-renovation

Entertainment

Flaco Jimenez, Texas accordionist who expanded popularity of conjunto and Tejano music, dies at 86 1

Flaco Jimenez, Texas accordionist who expanded popularity of conjunto and Tejano music, dies at 86

Jeannie Seely, soulful country singer behind hits like ‘Don’t Touch Me,’ dies at 85 2

Jeannie Seely, soulful country singer behind hits like ‘Don’t Touch Me,’ dies at 85

Justin Timberlake says he’s been diagnosed with Lyme disease 3

Justin Timberlake says he’s been diagnosed with Lyme disease

Martha’s Vineyard film fest returns with Black star power, bold storytelling and cultural legacy 4

Martha’s Vineyard film fest returns with Black star power, bold storytelling and cultural legacy

In ‘Sinners’ and his music, Buddy Guy is keeping the blues alive. It hasn’t been easy 5

In ‘Sinners’ and his music, Buddy Guy is keeping the blues alive. It hasn’t been easy

A small Serbian town is home to Robin Hood — in a new TV series 6

A small Serbian town is home to Robin Hood — in a new TV series

Benin grants citizenship to descendants of enslaved people. US singer Ciara is among the first 7

Benin grants citizenship to descendants of enslaved people. US singer Ciara is among the first

Top News

A father’s agony over video of his emaciated son, a hostage in Gaza, adds pressure for a ceasefire

A father’s agony over video of his emaciated son, a hostage in Gaza, adds pressure for a ceasefire

Modi and Trump once called each other good friends. Now the US-India relationship is getting bumpy

Modi and Trump once called each other good friends. Now the US-India relationship is getting bumpy

Israeli minister prays at flashpoint holy site as officials say 27 aid-seekers killed in Gaza

Israeli minister prays at flashpoint holy site as officials say 27 aid-seekers killed in Gaza

Pope Leo XIV tells 1 million Catholic youths that they are ‘the sign a different world is possible’

Pope Leo XIV tells 1 million Catholic youths that they are ‘the sign a different world is possible’

  • Home
  • About Us
  • Facebook
  • Twitter
  • Instagram
  • Youtube
  • tiktok
Editor: Nur M Tofader, Home Office: 250 Park Avenue, 7th Floor, New York, NY 10177 Tell: 718 893 0002 (Office), 7188441300, +1212 401 6266, e-mail: Info@millenniuamtv24.com, e-mail: Info@millenniuamnews24.com, Copyright © Millennium News 24/7 | DarkNews by AF themes.