Schrader, Klaus; Laaser, Claus-Friedrich - 2012
Current economic developments in Portugal do not portend well. The Portuguese GDP is shrinking and the growth forecast … for 2012 is gloomy - in the EU only the forecast for Greece is even worse (Figure 1). Moreover, Portugal is now having to … on 15 p.c., and its current account deficit continues to remain high. All of these things not only indicate that Portugal …
