<h1>Portugal Faces Third Election in Three Years After Government Collapse Over Confidence Vote and Political Instability</h1> Portugal's minority government lost a confidence vote, leading to its resignation and triggering the third general election in three years. This marks the most significant political instability since the 1974 Carnation Revolution. The inability to form stable alliances has hindered the government's ability to complete its term. The upcoming election, likely in May, coincides with Portugal's investment of over 22 billion euros in EU funds amid broader European challenges. Voter discontent may benefit the radical-right populist party Chega. The crisis centers on alleged conflicts of interest involving Prime Minister Luis Montenegro's family law firm. Montenegro denies wrongdoing and plans to run for reelection.