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Reuters
Reuters
Politics
By Sergio Goncalves and Andrei Khalip

Portuguese president warns PM over credibility, avoids crisis

Portugal's President Marcelo Rebelo de Sousa addresses the nation in Belem Palace, Lisbon, Portugal, May 4, 2023. REUTERS/Pedro Nunes

Portugal President Marcelo Rebelo de Sousa issued a dire new warning on Thursday to the prime minister after their rift put the country on the verge of a full-blown political crisis, but refrained from using his power to dissolve parliament.

"All things considered, I will continue to prefer the guarantee of institutional stability" as Portuguese struggle with high inflation and interest rates, the conservative president told the nation in a televised address.

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