Former minister Pedro Carneiro has sharply criticized the current Portuguese government’s economic strategy, alleging mismanagement of European Union defense funds. Carneiro claims the €6 billion allocated to Portugal from the EU defense fund is not effectively stimulating the national economy, stating the money “arrives in Portugal and leaves again.” He warned that Portugal is losing economic competitiveness as a result of this financial outflow. The criticism centers on the funds’ apparent lack of integration into the Portuguese economy, failing to generate sustained growth or benefit domestic industries. Carneiro’s statements represent a significant rebuke of the government’s handling of crucial EU investment. This raises questions about the effectiveness of Portugal’s economic policies and its ability to leverage international funding for national development. Further scrutiny of the fund’s allocation and impact is anticipated.