A friend

A good friend of mine. Owns a modern and small, but successful restaurant chain in Southeastern Asia. The concept would be very relevant in Portugal - and different from what we can currently find. It would probably be a success. As he s Portuguese, he started looking for options and opportunities to establish a branch in Portugal. 12 months of watching how the Portuguese Government handles the pandemic were enough for him to decide that the bureaucracy, inefficiency and risk were too high - he gave up. He might keep his expansion plans in SEA and maybe Spain - but not Portugal.

And this is just an example - I guess there will be several others, across industry. Very high taxes funding inefficiency - too high a risk for entrepreneurs.