Portugal is gearing up for legislative elections expected in 2025, following the unexpected snap elections of 2024 triggered by a corruption scandal that led to the resignation of Prime Minister António Costa. While the specific date remains to be set by the President, Marcelo Rebelo de Sousa, the political landscape is already shifting. The Socialist Party (PS), historically a dominant force, is now led by a new Secretary-General, potentially prompting shifts in their policy platform and electoral strategy. The 2024 elections saw the PS emerge as the largest party but without a governing majority, requiring complex coalition negotiations. Their performance in 2025 will hinge on their ability to regain lost ground and convince voters they can offer stable and effective governance. A key challenge will be addressing cost of living concerns and improving public services, particularly healthcare. The center-right Democratic Alliance (AD), composed primarily of the Social Democratic Party (PSD), is poised to be the main contender. Led by Luís Montenegro, the AD will aim to capitalize on perceived weaknesses in the PS government and present themselves as a credible alternative. Their focus will likely be on economic growth, tax cuts, and attracting foreign investment. However, they will need to broaden their appeal beyond their traditional base to secure a parliamentary majority. The far-right Chega party, led by André Ventura, has experienced significant growth in recent years, capitalizing on anxieties related to immigration, crime, and political disillusionment. Their influence on the political discourse is undeniable, forcing other parties to address issues previously relegated to the fringes. While unlikely to secure a majority, Chega could play a kingmaker role in post-election negotiations, potentially influencing the formation of the next government. This prospect raises concerns among centrist and left-leaning parties. Other parties, such as the liberal Initiative (IL) and the Left Bloc (BE), will also play a crucial role. IL aims to attract voters with a pro-business agenda and calls for deregulation. BE advocates for social justice, environmental protection, and increased public spending. Their ability to gain parliamentary seats will depend on their success in mobilizing their respective constituencies. The electoral campaign is expected to be dominated by debates surrounding economic policy, healthcare reform, housing affordability, and environmental sustainability. Portugal’s relationship with the European Union and the allocation of EU funds will also be key topics. The outcome of the 2025 election will shape Portugal’s direction for the next four years, influencing its economic prospects, social policies, and international relations. The election’s result will depend greatly on the voters’ perception of which party or coalition is best equipped to address the country’s pressing challenges and provide stable leadership. Navigating potential coalition arrangements and the increasing fragmentation of the political spectrum will be crucial for any party seeking to form a government.