Portugal Market Opportunities
The pandemic caught Portugal in a period of economic stability and good prospects for the future. GDP growth in 2019 even exceeded the government’s expectations, similarly, public finances closed the year with a slight surplus, which happened for the first time since 1973. The surplus budget was thus planned by the government for the first time for 2020 as well. However, the coronavirus crisis brought about a fundamental reversal, and the country was forced to urgently revise estimates of the…