Portugal’s PM Antonio Costa Resigns Amid Corruption Probe

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Portugal’s PM Antonio Costa Resigns Amid Corruption Probe

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Portugal’s PM Antonio Costa Resigns Amid Corruption Probe

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Portugal’s PM Antonio Costa Resigns Amid Corruption Probe

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Portugal’s PM Antonio Costa Resigns Amid Corruption Probe

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Portugal’s PM Antonio Costa Resigns Amid Corruption Probe

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Portugal’s PM Antonio Costa Resigns Amid Corruption Probe

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Portugal’s PM Antonio Costa Resigns Amid Corruption Probe

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Portugal’s PM Antonio Costa Resigns Amid Corruption Probe

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Portugal’s PM Antonio Costa Resigns Amid Corruption Probe

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Portugal’s PM Antonio Costa Resigns Amid Corruption Probe

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Portugal’s PM Antonio Costa Resigns Amid Corruption Probe

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Portugal’s PM Antonio Costa Resigns Amid Corruption Probe

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Portugal’s PM Antonio Costa Resigns Amid Corruption Probe

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Portugal’s PM Antonio Costa Resigns Amid Corruption Probe

Portugal’s PM Antonio Costa Resigns Amid Corruption Probe

Portugal’s PM Antonio Costa Resigns Amid Corruption Probe

Portugal’s PM Antonio Costa Resigns Amid Corruption Probe

Here are 12 key points from the provided information regarding Portuguese Prime Minister Antonio Costa's resignation amid a corruption probe:

Here are 12 key points from the provided information regarding Portuguese Prime Minister Antonio Costa's resignation amid a corruption probe:

Portugal’s PM Antonio Costa Resigns Amid Corruption Probe

Portugal’s PM Antonio Costa Resigns Amid Corruption Probe

1. Antonio Costa, the Portuguese Prime Minister, resigned on November 7 following his administration's alleged involvement in corruption related to lithium mining and hydrogen projects.

1. Antonio Costa, the Portuguese Prime Minister, resigned on November 7 following his administration's alleged involvement in corruption related to lithium mining and hydrogen projects.

Portugal’s PM Antonio Costa Resigns Amid Corruption Probe

Portugal’s PM Antonio Costa Resigns Amid Corruption Probe

2. The chief of staff, Vitor Escaria, was detained by prosecutors in the corruption probe.

2. The chief of staff, Vitor Escaria, was detained by prosecutors in the corruption probe.

Portugal’s PM Antonio Costa Resigns Amid Corruption Probe

Portugal’s PM Antonio Costa Resigns Amid Corruption Probe

3. Costa was also targeted in a separate investigation by prosecutors.

3. Costa was also targeted in a separate investigation by prosecutors.

Portugal’s PM Antonio Costa Resigns Amid Corruption Probe

Portugal’s PM Antonio Costa Resigns Amid Corruption Probe

4. Costa announced his resignation in a televised statement after meeting President Marcelo Rebelo de Sousa.

4. Costa announced his resignation in a televised statement after meeting President Marcelo Rebelo de Sousa.

Portugal’s PM Antonio Costa Resigns Amid Corruption Probe

Portugal’s PM Antonio Costa Resigns Amid Corruption Probe

5. He emphasized that he would not stand as a candidate for a fourth term as Prime Minister.

5. He emphasized that he would not stand as a candidate for a fourth term as Prime Minister.

Portugal’s PM Antonio Costa Resigns Amid Corruption Probe

Portugal’s PM Antonio Costa Resigns Amid Corruption Probe

6. Costa cited the incompatibility of the Prime Minister's role with any suspicion of wrongdoing or criminal acts.

6. Costa cited the incompatibility of the Prime Minister's role with any suspicion of wrongdoing or criminal acts.

Portugal’s PM Antonio Costa Resigns Amid Corruption Probe

Portugal’s PM Antonio Costa Resigns Amid Corruption Probe

7. The President now holds the decision-making power to either allow Costa's Socialist Party to form a new government or dissolve Parliament for elections.

7. The President now holds the decision-making power to either allow Costa's Socialist Party to form a new government or dissolve Parliament for elections.

Portugal’s PM Antonio Costa Resigns Amid Corruption Probe

Portugal’s PM Antonio Costa Resigns Amid Corruption Probe

8. Parliament was scheduled to vote on the 2024 budget bill later that month.

8. Parliament was scheduled to vote on the 2024 budget bill later that month.

Portugal’s PM Antonio Costa Resigns Amid Corruption Probe

Portugal’s PM Antonio Costa Resigns Amid Corruption Probe

9. Costa will remain in his position until the President's decision is made, and consultations with political parties and the Council of State are scheduled.

9. Costa will remain in his position until the President's decision is made, and consultations with political parties and the Council of State are scheduled.

Portugal’s PM Antonio Costa Resigns Amid Corruption Probe

Portugal’s PM Antonio Costa Resigns Amid Corruption Probe

10. This scandal is the latest issue faced by Costa's administration, following a controversy involving state-owned airline TAP in January, leading to opposition parties demanding the government's resignation.

10. This scandal is the latest issue faced by Costa's administration, following a controversy involving state-owned airline TAP in January, leading to opposition parties demanding the government's resignation.

Portugal’s PM Antonio Costa Resigns Amid Corruption Probe

Portugal’s PM Antonio Costa Resigns Amid Corruption Probe

11. Following Costa's announcement, Portuguese stocks fell by 3%.

11. Following Costa's announcement, Portuguese stocks fell by 3%.

Portugal’s PM Antonio Costa Resigns Amid Corruption Probe

Portugal’s PM Antonio Costa Resigns Amid Corruption Probe

Portugal’s PM Antonio Costa Resigns Amid Corruption Probe

Portugal’s PM Antonio Costa Resigns Amid Corruption Probe

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