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Portugal’s prognosis: industry experts on the impact of austerity

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Portugal’s most famous music genre Fado, comes from the Latin world ‘fatum’ which means destiny or fate. Portugal was the third member of the Eurozone to obtain a bail-out. Portugal's crisis, by contrast to those of the Republic of Ireland or Greece, has come to a slow boil that many observers put down to a lack of competiveness and economic growth.

Professor Pedro Santa-Clara and wealth manager Leonardo Mathias share their opinion on what went wrong with their country and how the damage can be fixed.

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