Monday 23 April 2012

Not entering the euro...

... would never be a solution. The real cause for the crisis (the lack of competitiveness of the economy) would still be there, but would be hidden behind currency devaluations. I really don't agree with Cadilhe on this dimension. The euro was (and is) a major opportunity for Portugal, but we need to address the lack of productivity and strategy of our economy - then, we dream of growth.


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