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There has been a minor uptick in foreign investment, but you have to squint really hard to see it: https://en.santandertrade.com/establish-overseas/portugal/fo
by lisa_henderson 11y ago
There has been a minor uptick in foreign investment, but you have to squint really hard to see it:
https://en.santandertrade.com/establish-overseas/portugal/foreign-investment https://en.santandertrade.com/establish-overseas/portugal/fo...
And FDI stock is down.
The Portuguese are resourceful and they are trying to make the best out of a bad situation. Nevertheless, nothing in the data justifies the title "The Portuguese Miracle: Young Entrepreneurs Lead Country Out of Crisis". This is just more of the same German propaganda that's been trying to justify austerity for the last 6 years. The phrase "One size fits one" applies to monetary policy in Europe: monetary policy has been adapted to German needs, at the cost of great pain for the rest of Europe.