A former Secretary of State from Passos’s government, a former leader of the People’s Youth, two former PSD MPs and Nogueira Leite have declared their support for Cotrim de Figueiredo — on a difficult day for the candidate.
Cotrim reveals list of nine supporters linked to AD
Monday, 12 January 2026RSS
Context & Explainers
The Social Democratic Party ('Partido Social Democrata' or 'PSD') is a liberal-conservative political party in Portugal that is the leading partner of the The Democratic Alliance (AD) which is the country's ruling party, with Prime Minister Luís Montenegro.
The Social Democratic Party, despite its name, occupies the centre-right of Portugal's political spectrum. Luís Montenegro, who became Prime Minister in April 2024, leads Portugal's current minority government. The PSD has been one of Portugal's two dominant parties since 1974, having formed nine governments including four with absolute majorities. Montenegro, a former party leader from 1996-1999, was elected with the highest approval rating among party leaders at 10.7 points out of 20.
The Democratic Alliance is a centre-right coalition that includes the smaller CDS – People's Party, a Christian democratic party that has historically been the PSD's coalition partner. Together, they govern without a parliamentary majority, requiring case-by-case support from opposition parties to pass legislation.
- 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.
