Portugal's PM soothes investors after resignation over corruption probe


  • World
  • Sunday, 12 Nov 2023

FILE PHOTO: Portugal's Prime Minister and Socialist Party (PS) Secretary General Antonio Costa looks on after winning the general election in Lisbon, Portugal, January 31, 2022. REUTERS/Pedro Nunes/File Photo

LISBON (Reuters) - Portugal's premier Antonio Costa, who resigned this week, told foreign investors on Saturday the country was open for business and wanted to remain attractive despite an ongoing corruption probe into "green" energy projects.

Costa stepped down on Tuesday over an investigation into alleged illegalities in his government's handling of lithium and hydrogen projects, as well as a large-scale data centre. President Marcelo Rebelo de Sousa has called an election for March 10. Costa denies wrongdoing.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Russian air defences down five Moscow-bound drones, mayor says
Embracing the New Year: The world welcomes 2026
North Korea's Kim Jong Un attends New Year's celebrations, KCNA says
2nd LD Writethru: Bulgaria adopts euro, becomes 21st eurozone member
1st LD: Bulgaria enters eurozone
Zelenskiy says he won't sign weak deal that will only prolong war
Ukraine, EU officials dismiss alleged attack on Putin residence
Urgent: Bulgaria enters eurozone
EU warns Yemen developments risk Gulf stability
US Coast Guard searches for survivors after strike on suspected drug vessels

Others Also Read