For Portugal, this result is a temporary reprieve for democracy. Seguro won two-thirds of the second-round vote and over 3.5 million votes, the most ever cast for a presidential candidate in Portugal, despite storms that disrupted voting. This shows that, faced with a genuine far-right threat, Portuguese democracy can still mobilise broadly to defend itself.

But this wasn’t a clear victory against the far right. Ventura won one-third of the vote, strengthened his base and positioned himself as a serious contender for right-wing leadership. In just a few years, Chega has gone from a fringe party to parliament’s second largest.

This sends a mixed message to Europe: broad democratic coalitions can still prevent far-right candidates reaching the top office, but the far right is now mainstream, shapes political agendas and forces other parties to constantly define themselves in relation to it. This is the new normal. This matters particularly for the European Commission, as far-right movements are structural threats and the only response is to strengthen the rule of law and democratic institutions.

Ventura lost the presidential election, but Chega has emerged stronger. Winning a third of the vote against a candidate backed by the entire democratic spectrum cements its position. Ventura can now claim to speak for a significant portion of the right, and his loss only strengthens that claim, as he can frame the firewall as evidence that the political system is rigged against him, feeding narratives of elite persecution. He will also use his parliamentary strength to extract concessions by supporting or blocking the government’s budget and pushing on immigration and security, winning enough policy gains to show he delivers for his voters.

Ventura has already said that support for stability ‘has limits’. If the government hits serious problems, such as a budget crisis or a political deadlock, Chega will position itself as the only force willing to break the impasse and ‘fix things’. He’s not treating the presidential loss as the end of his political project but as a stepping stone to bigger gains in future elections. His calculation is that electoral legitimacy can eventually become governmental power.

Portugal’s civic space is shrinking. Hate speech is becoming normalised, immigration rules are tightening, government administration is becoming more exclusionary, protest organisers face police intimidation and civil society organisations are struggling financially. These create real barriers to people exercising their rights. Chega’s rise and its racist and xenophobic rhetoric now heard in parliament raise the risk that discrimination and violence against migrants will become politically acceptable.

A president committed to rights protection can set limits: vetoing discriminatory laws, refusing to suppress information the public needs and protecting communities and organisations under attack. The presidency alone cannot reverse the shrinking of civic space, but it can prevent the government from fully institutionalising a far-right agenda.

Human rights organisations, labour movements and migrant groups see this moment as an opportunity to strengthen protections, not a final victory. Turnout held strong despite devastating storms and emergency conditions, evidence that people were genuinely mobilised by the threat, particularly urban voters connected to civil society, including unions, who had already fought the government over labour rights. The organisations that coordinated the strike now expect the president to use his powers to defend rights.

Seguro has been clear he won’t be the reason parliament is dissolved, and has committed to working with the government while demanding ‘solutions and results’. This means dissolution of parliament will be a last resort in a genuine crisis, not a tactical move to tackle normal political disagreements. He will use his veto power to block laws he thinks violate the constitution and rights and mediate between the government and opposition to push them towards compromise.

The challenge will be to keep the democratic parties, both government and opposition, at the centre while Chega tries to dictate the agenda. If Seguro dissolves parliament too quickly or without a strong reason, he’ll just fuel Chega’s narrative that the system is broken. If he’s too passive and doesn’t use his veto when rights are threatened, he’ll look complicit in democratic erosion. Both scenarios would help Chega: either the system looks incapable of functioning, or it looks unwilling to defend people’s rights.

Seguro will have to walk a very fine line between doing too much and doing too little, while a far-right opposition waits to exploit whatever mistakes he makes. If he gets it wrong, his historic electoral victory will give way to deeper crisis rather than democratic renewal.