About a year ago, I wrote that although the focus (at the time) was on Portugal, the viability of the … Continue reading “Portugal has made progress but needs bigger spending cuts and radical structural reforms”

As odd as it may seem, Alexis Tsipras may well be the eurozone’s best hope at the moment. As Greece heads … Continue reading “Greece and the eurozone: staying in may be riskier than exiting”

The severity of the current Portuguese crisis results from a mixture of internal and external factors. After an initial boost … Continue reading “Portugal, Spain and the future of the euro”

As top Portuguese banks give public signals that they will stop buying government debt, pressure is mounting for an immediate … Continue reading “Can Portugal avoid a bailout?”

After years of continuous growth in public spending and public debt, the Portuguese economy finds itself in a bleak situation … Continue reading “The crisis: a view from Portugal”

After Greece and Ireland, it seems increasingly likely that Portugal may become the third euro-area country to be bailed out … Continue reading “Euro crisis: the prognosis for Portugal is dire”

After years of continuous growth in public spending and public debt, the Portuguese economy finds itself in a bleak situation … Continue reading “The crisis: a view from Portugal”