The statistical agency noted a “less intense contraction of economic activity in May,” with consumer confidence and economic climate indicators partially recovering.
Portugal decreed a state of emergency on March 18, which was renewed twice and downgraded to a “state of calamity” on May 3, allowing the gradual reactivation of the country’s normal activities.
So a “less intense contraction of economic activity" is now called a "partial recovery"??
By Fred Doe from Algarve on 22 Jun 2020, 10:30