Analysis: Portugal’s PM rides high despite austerity
LISBON (Reuters) – One could almost forget that Portugal is in the midst of a wrenching economic crisis looking at Prime Minister Pedro Passos Coelho’s popularity, a struggling opposition and foreign investors returning to the country. The country is finally starting to see some benefits from tough austerity under a 78-billion-euro ($103 billion) EU/IMF bailout, winning high marks for its economic reform drive and drawing investments that suggest light at the end of the tunnel. . . .
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