Publication

This commentary examines Portugal’s decision to leave the EU/IMF three-year bailout program in spring 2014 in the broader context of the eurozone’s recovery from the economic crisis in 2008. Portugal's decision reflects a general increase in economic stability and successful economic reforms across Europe. Despite this, the author warns that the country's economic recovery still remains fragile. He also briefly examines the lessons which Poland could take away from Portugal's experience of economic troubles.