2 ms·
The average salary in Munich is about twice as high as in Lisbon, but house prices are almost three times as high. Additionally, Portugal is suffering from hig
by quonn 4y ago
The average salary in Munich is about twice as high as in Lisbon, but house prices are almost three times as high.
Additionally, Portugal is suffering from high taxes (because everyone tries to avoid paying them, it's a vicious circle), and low productivity (they are working a lot, but ineffectively and in the wrong industries).
Almost 10% of the population have emigrated to the rest of Europe and they have every right to do so, just like all Europeans have the right to live in Lisbon.
And for the Brazilians being picked on in the article - Portugal could never finance its completely unsustainable social security system were it not for the influx of foreigners working there.
What's really needed is to address government corruption, fighting tax avoidance, lowering the taxes and increasing social housing projects. But this is very difficult to do.