Portugal – Is the top European destination ready for a renewed crisis?

21 January 2021 European Politics

5 min

Over ten years ago, the Lehman Brothers crashed into bankruptcy, leading to the greatest economic disaster since the Great Depression. This economic crisis agitated economies all over the world. From the United States to London, Paris, and Brussels. Every country – in a way, or another – was caught up in the bubble of an erupting financial system. Portugal was hit hard by the economic crisis, but somehow it managed to recover. Facing both a pandemic and a (new) economic crisis, will the strategy of the socialist government win over the memories of the past?

Lire la suite