Portugal comeback

The "portuguese miracle"

What’s Been Behind The “Portuguese Miracle”?

Portugal has seen 16 consecutive months of growth, something completely unthinkable up to just a short while ago. Submerged in a deep economic crisis, Portugal had a grim and difficult road ahead: aggressive adjustment plans, social tensions, a rise in unemployment, disenchantment with politicians etc…But gradually the improving scenario was confirmed.

Portugal's economy comeback

Portugal’s Comeback: Recovering Economy Attracts Investors

Portugal’s amazing economic recovery (contrary to the general consensus two years ago that it would be the next country to fail amid the sovereign debt crisis) is now reflected in its investment grade (an investment grade rating except from Moody’s). Investors are buying both shares and bonds.