Portugal has now joined Poland in confirming it will not take part in Eurovision 2013.
The costs associated with taking part in the song contest are quite large. Participation and broadcasting fees cost somewhere around $150,000 alone.
Then there are the fees linked with running the competition if the nation were to win. The rules say the winner of the competition hosts the event the following year.
It's understood the 2009 event, held in Moscow cost around $39 million.
The following year's contest cost Oslo around $36 million.
Given Portugal has never finished higher than sixth, and that was in 1996, and has rarely finished in the top 10, running the show was probably never going to worry host broadcaster RTP.
Still, the network said financial concerns of potentially hosting the singing competition, should it win, was the main reason it would not send an entry next year.
Portugal is currently working through a long recession which has sparked a tough austerity budget which in turn prompted protests in the capital Lisbson.
The country received around $100 million in financial aid by the European Union.
Poland already pulled out this year due to financial pressures after it co-hosted the European football championships.
There is also talk Greece and Cyprus may also reconsider taking part.
So far 42 countries have confirmed they'll participate in Malmo, Sweden next year, after Loreen won the competition held in Baku, Azerbaijan after her entry 'Euphoria' was awarded first place.
Portugal has though, assured the Union it may return the following year, but in 2013 there will be no, “Hello Europe, this is Lisbon calling!”
Adios Portugal.
SBS will broadcast the 2013 Eurovision Song Contest in May.
