Let's be very clear. Economically, Portugal needs two things:
- austerity, to stop public and private debt progression, especially on unproductive spending;
- a clear micro-economic strategy, that identifies and highlights the areas of growth and thus the key areas of investment.
This is key! We need to stop investing in the low or no return investments, and have a sustainable growth agenda, exploring our stronger key competitive advantages. We need to do this at the same time - that is the secret to move out of our current situation! We can't only do half of it...
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