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The high dissatisfaction of the Portuguese with the economic conditions on the eve of early elections

Portuguese citizens consider some reports of economic prosperity in their country to be illusions, and on the eve of holding early parliamentary elections in this country, they are very dissatisfied with the economic conditions.
– International news – Tasnim News Agency, German newspaper “Tagus Shaw” in an article addressed the high dissatisfaction of Portuguese citizens with the economic situation and wrote: Although the economy Portugal is booming. However, many people are unhappy because they hardly notice the growth. This is likely to have an impact on the upcoming new elections as well.

Moreover: Southern European countries were often referred to as “PIGS” countries during the 2008 financial crisis. PIGS stands for the initials of Portugal, Italy, Greece and Spain.

But Portugal in particular has overcome the crisis for now. So the era of vague abbreviations of crisis (pigs in English also means pigs or roosters) is over.

Anyone who travels through this country will initially see a boom in many places. experiences The bicycle industry in the north is booming. Portugal has become the largest producer of bicycles in Europe.

The country is benefiting from the holes in the supply chain that emerged during the Corona crisis, including in Asia. Many companies prefer to produce close to the sales markets of this Central European country. The IT industry also increasingly relies on Portugal.

In the field of tourism, this country has also experienced booms. In 2023, there were 77 million overnight stays in the country, a new record. It is noteworthy that this boom is not only limited to summer. It also increased by 20% last February and 16% in October. However, the people of this country are under financial pressure. The minimum wage in Portugal is less than five euros. Rents, especially in the big cities, have risen sharply recently.

For many Portuguese, good economic data is now just an illusion, says Isabel David, a political scientist.

Of course, the legal minimum wage has recently increased slightly. But this is not enough for the future of young people in Portugal. The rents and prices of apartments and houses have increased too much.

Dr. Vitor Almeida, the spokesperson of the Sim Doctors Union in the city of Viso, located in the southeast of Porto, has also made this diagnosis.

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He says about this: Wages are so low and working conditions are so bad that many employees leave. He spoke about the low birth rate in this country and emphasized that only a few children are born in the hospital where he works, because young people have left Portugal.

There is a lot of dissatisfaction in this country. And people feel that the upward trend of growth is negative. This also applies to a project whose conditions have now led to early elections in this country. He resigned from his post.

Portugal Prime Minister Antonio Costa resigned due to allegations of corruption in the management of lithium and hydrogen mining projects. The court has accused government officials of irregularities in the management of these projects. Next week, elections will be held in Portugal. No one currently believes that another single left-wing government will be formed in Lisbon under these conditions.

Representatives of most parties agree that new elections could strengthen the far-right Cega party. Leads. In recent years, this party has been able to win votes from the right wing with populist positions.

Portugal prepares for early elections

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© Webangah News Hub has translated this news from the source of Tasnim News Agency
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