President Seguro calls for balanced labour deal and military modernization
President António José Seguro expressed hope for a balanced agreement on labour legislation (legislação laboral) between the government and social partners. Speaking in Santarém, the President also advocated for the modernization of the Armed Forces (Forças Armadas) to meet international commitments, provided it does not compromise social welfare spending. Workers should note that the government has proposed extending the duration of certain employment contracts as part of the negotiations.
Update: Protests and political opposition mount against new labour package
Hundreds of protesters, led by the Interjovem wing of the CGTP union, marched in Lisbon to oppose the government's proposed labour changes. Former Minister of Labour Ana Mendes Godinho also called for the Socialist Party (Partido Socialista or PS) to be uncompromising against the package, which she described as an attack on workers.
- President of Portugal (since March 9, 2026)
- Party: Independent. Former leader of the Socialist Party (PS), Partido Socialista
- Center-left
António José Martins Seguro (born March 11, 1962, in Penamacor) is a lawyer, political scientist, and the current President of the Portuguese Republic, inaugurated on March 9, 2026 after winning the two-round presidential election in January–February 2026.
Career: He led Socialist Youth (1990–1994), served as MEP (1999–2001), was Minister Adjunct to PM António Guterres (2001–2002), and led the PS parliamentary group (2004–2005). Elected PS Secretary-General in 2011 with 68%, he led the opposition during Portugal's bailout era. In 2014, António Costa defeated him in party primaries by a landslide, prompting Seguro's resignation and a decade-long retreat from politics. He returned in 2025, launching the movement UPortugal and announcing his presidential candidacy in June. He received official PS backing in October 2025 and won the presidency in February 2026.
Political philosophy: Seguro positions himself as representing a "modern and moderate" left, advocating financial responsibility while opposing austerity. As President, he has emphasized institutional trust, efficient governance, and a collaborative relationship with the government while maintaining rigorous constitutional oversight.
A banked hours scheme (banco de horas) is a flexible working time arrangement under Portuguese labor law that allows employees to accumulate overtime hours and use them later as time off, rather than receiving immediate overtime pay.
Under the Portuguese Labour Code, banked hours can be established through collective agreements or, in some cases, individual agreements. The scheme allows employers to vary working hours based on demand — requiring longer hours during peak periods and compensating with shorter hours or days off later.
Banked hours schemes are a frequent topic in labor reform negotiations, with unions (particularly CGTP) pushing for tighter limits and greater worker protections, while employers argue for more flexibility. Proposed reforms have included extending eligibility to parents of young children and adjusting the cap on banked hours.
Socialist Party (PS)
- Leader: José Luís Carneiro (since June 2025)
- Ideology: Center-left, Social democracy, pro-Europeanism
Portugal's other traditional major party suffered a historic collapse in the 2025 election, dropping from 78 to 58 seats and falling to third place for the first time in democratic history. The party was led by Pedro Nuno Santos from January 2024 until his resignation following the May 2025 defeat. José Luís Carneiro, a 53-year-old former Minister of Internal Administration known for his moderate positioning within the party, was elected unopposed as the new Secretary-General with 95% of votes in June 2025. The Socialist Party governed Portugal from 2015 to 2024, including an absolute majority from 2022 to 2024 under António Costa, who resigned in November 2023 amid a corruption investigation. The PS previously led the innovative "Geringonça" (contraption) coalition government from 2015-2019, a minority government supported by the Left Bloc and Portuguese Communist Party that reversed austerity measures and presided over economic recovery.
