FILE PHOTO: Portugal's Prime Minister Antonio Costa attends the informal meeting of European heads of state or government, in Granada, Spain October 6, 2023. REUTERS/Juan Medina/File Photo
LISBON (Reuters) - Tuesday's shock resignation of Antonio Costa amid a corruption probe brought an ignominious end to his eight-year premiership, during which he endeared Portugal, once seen as the sick man of Europe, to investors and EU peers who saw it as a haven of fiscal stability.
His efforts to attract investment to Portugal after its near bankruptcy and bailout in 2011 may have played a role in his downfall, as the investigation focused on alleged illegalities in his government's handling of auspicious, multi-billion-euro projects to mine lithium and produce hydrogen.
