Cotrim de Figueiredo rejected an allegation immediately, doing so even before the story appeared in the press.
At midnight, Cotrim de Figueiredo denied the accusation before it reached the newspapers
Tuesday, 13 January 2026RSS
Context & Explainers
- Leader: Mariana Leitão (since July 2025)
- Ideology: Classical liberalism, economic libertarianism
Founded in 2017, the Liberal Initiative advocates for reduced state intervention, tax simplification, labor market liberalization, and secular liberalism under the motto "Less State, More Freedom". The party gained its first parliamentary seat in 2019 and now holds 9 seats. Mariana Leitão, 42, became the party's first female leader in July 2025 after Rui Rocha resigned following disappointing 2025 election results. Leitão previously served as parliamentary leader and has been announced as the party's candidate for the 2026 presidential election. The party explicitly rejects alliances with both far-left and far-right parties, positioning itself as the "only alternative" that won't negotiate with extremes.
- 2026 Presidential Candidate
- Party: Liberal Initiative (IL) Iniciativa Liberal
- Businessman from Lisbon
- Economic Liberalism, reduced state intervention, pro-Europe
João Fernando Cotrim de Figueiredo (born June 24, 1961, in Lisbon) is a businessman and liberal politician running for Portugal's presidency in the January 18, 2026 election. He grew up in Lisbon, studied Economics at the London School of Economics and earned an MBA from NOVA University Lisbon. He held executive positions at Compal, Nutricafés, Privado Holding, and TVI, and served as president of Turismo de Portugal (2013-2016), overseeing tourism industry growth during his tenure. He was elected as the Liberal Initiative's first parliamentary deputy in October 2019, led the party (2019-2023) while it grew from 1 to 8 seats with 5% of votes in 2022, and was elected European Parliament member in 2024. He announced his presidential candidacy in August 2025, backed by the Liberal Initiative.
Political Philosophy:
Cotrim de Figueiredo champions liberal economics—tax reduction, labour market liberalization, and welfare reform—alongside cultural and secular liberalism. His campaign emphasizes "Culture, Knowledge and Growth," positioning himself as representing younger voters alienated by traditional candidates, and explicitly states he expects a "second-round" runoff result. He advocates for a future-prepared Portugal distinct from current political offerings.
