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09 December 2017
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Economy Nobel winner says Portugal should exit euro

in Business · 06-09-2016 08:35:00 · 2 Comments


Economy Nobel prize winner Joseph Stiglitz has recommended that Portugal should leave the European single monetary unit.

Economy Nobel winner says Portugal should exit euro



In comments to Antenna 1 radio, the Columbia University professor said that remaining in the euro would bring Portugal problems in the future.


Stiglitz argued that the German policy of austerity would remain despite several arguments pointing to the contrary.


He added that while Portugal would struggle initially in a hypothetical exit from the euro, it would allow the country to implement political and financial changes that would otherwise be impossible.

Comments

Agree. ...
Portugal should concentrate on what would make stronger as a country.
Development of their main platform regarding growth.
Lisbon.
Porto.
Algarve.
The only problem I could see is the disapline to achieve this.
Thus one thing the EU has achieved is to create a business model for ruling Europe.

The problem is that once you stop listing too countries views/concerns all that good work gets lost.
by Tom Bailey from Algarve on 07-09-2016 07:27:00
Ignored him. He don't know what he is talking about. Stay in EU.
by azoreseuropa from USA on 06-09-2016 12:13:00

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Edition 1453
09 December 2017
Edition: 1453

Read this week's issue online exactly as it appears in print.

Twitter