Thursday, April 12, 2007

The Portuguese economy
A new sick man of Europe

Look at any table of European economic data and Portugal stands out. GDP growth last year, at 1.3%, was the lowest not just in the European Union but in all of Europe. Since 2000 the Czech Republic, Greece, Malta and Slovenia have all overtaken Portugal in terms of GDP per head. And Portuguese GDP per head has fallen from just over 80% of the EU 25 average in 1999 to just over 70% last year.

More: The Economist

2 Comments:

At 10:17 pm, Anonymous Anonymous said...

If you are going on holiday check to see if there are any tourist discount cards available in the area.


I run a small membership in Cyprus for tourists. Cyprus is a great place to visit but boy is it expensive! So with a little discount at selected restaurants, car hire and hotels is always welcoming! Look up www.MyTouristCard.com to see if we could save you a little money on holiday.

With the poor Euro this is a some good news!

 
At 3:41 am, Anonymous www.edi.winarto.com said...

Tank You

 

Post a Comment

<< Home