Political Support Signals Stability; Unemployment Hits 15-Year Low
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Portugal's political landscape sees a potential easing of tensions as José Luís Carneiro, Secretary-General of the Socialist Party, has expressed readiness to support the minority government on the upcoming budget and motions. This development could bring much-needed stability amidst previous 'mini-crises' within the government.
Economically, the nation is experiencing positive trends with unemployment dropping to a 15-year low in the second quarter, and household debts decreasing to nearly one year's income. Additionally, the National Health Service has reduced spending on temporary staff and overtime by 21 million euros.
Meanwhile, Luís Neves, the current Minister of Internal Administration, faces further scrutiny as he risks trial at the Court of Auditors over alleged financial irregularities during his tenure at the Polícia Judiciária. Separately, Portugal has set new records for cocaine seizures, with a recent ship operation involving a rappelling descent, and a detainee from a Sines drug trafficking operation has died in prison.