1.3 bln people are economically, socially, politically or culturally poor. In too many cases, decades of development aid couldn’t stop the rising inequality.
Support for Portugal’s anti-austerity government is growing, along with investor confidence, as the left’s economic policies bear fruit.
The story of my grandma shows what can happen to EU citizens if their country cannot pay for its health system.
Portugal has turned its economy around, slashing the deficit. This should boost investor confidence, but rating agencies won’t take Lisbon off the junk pile.
After the back and forth with Brussels, a positive credit rating helped Portugal overcome its state of budgetary limbo, yet Lisbon was “verbally downgraded” by German Finance Minister Wolfgang Schäuble.