newsfromportugal201111

How do you know that you are in Portugal? When the country's GDP, productivity, and wage growth have stagnated (Economist) over the past decade, those who should work oblige the nation to do a general stop, criticizing rather than produce wealth.

"Moreover, the country's dependence on foreign debt - demonstrated by a current account deficit that was over 10 percent of GDP in 2009 - made it more susceptible to the crisis sweeping the European periphery ...