Portugal

Portugal Plays By The Rules, But Economy Slumps : NPR

The eurozone crisis has focused attention on debt-burdened Greece spiraling into decline. Meanwhile, Portugal is seen as the international creditors’ poster-child for obediently slashing spending and welfare benefits. Nevertheless, the Portuguese national debt continues to grow, and the country is mired in recession and soaring unemployment. The Portuguese national character has long been identified with … Continue reading →