Portugal could face its third early parliamentary election in just over three years after Prime Minister Luis Montenegro proposed a confidence motion in his centre-right minority government.

Portugal could be headed for its third general election in three years after parliament scheduled a confidence vote next week on the center-right minority government, which has been under pressure for weeks over the business ties of Prime Minister Luis Montenegro.

Portuguese Prime Minister Luis Montenegro said he plans to seek a confidence vote in a parliament where he only has minority backing, after struggling to put an end to speculation about potential conflicts of interest related to a company owned by his family.

Portugal's cabinet has decided to go ahead with a motion of confidence in the centre-right government that is opposed by the main opposition parties, it said on Thursday, with a parliamentary vote expected to take place next Tuesday.

Portugal's Prime Minister Luis Montenegro announced that his government will move forward with the proposal of a motion of confidence in the executive by parliament. Watch this report for more details!

Portugal's Prime Minister Luis Montenegro is facing the possibility of returning to the polls in a few weeks, just one year after coming to power. However, the PSD's parliamentary group president Hugo Soares said the Socialists were "seeking political squabbles and the government's downfall",