The leader of conservative PSD, former Portuguese Prime Minister Pedro Passos Coelho, has announced to political commission of his party that it will not be presented to legislative elections of 2019. His resignation occurs two days after municipal elections, in which PSD reaped bad results.
Although politicians insist — and Passos Coelho said it on Sunday — that one thing is municipal elections and or legislation, that local votes cannot be analyzed in national code, truth is that re are consequences. Passos Coelho was given a few days to "ponder with weight", and this Tuesday has announced that he will not be headliner of PSD in 2019. This precipitates race for succession that, in principle, will direct him with intention of relieving his parliamentary spokesman Luis Montenegro, but now after bad results, it is unmuzzled and opens up to or candidates, like Rui Rio.Learn More
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The trigger has been decline of votes on Sunday, although in fact only lost eight of 106 mayors who had, less than 10%, compared to almost 30% loss of PC (PSD lost 3,000 votes and PC 62,000). However, failure has been personalized in Passos Coelho by election for Lisbon candidate Teresa Leal Coelho, who was relegated to fourth position to get only 11% of vote, behind winner, socialist Fernando Medina (42%), revelation From right, Assunção Cristas (20%) and communist candidate.
Nor would se results have been so relevant if ir two years in opposition had not been undermining ir credit and that of ir party, with a ominous speech against PS, announcing all plagues on Portugal while economic and social data were going bearing opposite.
Passos Coelho led country during last financial bailout (three in 50 years), applying demands of troika, although opposition accused him of going even furr in reducing social subsidies and increasing taxes.
Despite a government under such circumstances, Passos Coelho managed to win legislative elections of 2015, taking six points of advantage to Socialist Party of António Costa. His sung victory, however, did not translate into a government majority. For first time in democratic history, PC and Bloco of Esquerda gave necessary parliamentary support for Costa to govern alone with a series of agreements, which have been fulfilled to letter.
The success of formula left PSD without political discourse in opposition, with a continual decline in polling estimates and, finally, disappointment in Sunday's municipal elections.
Two years after those historic legislative elections, winner resigns, and defeated is seen as last European hope of socialism.