André Azevedo Alves
15 August 2012

About a year ago, I wrote that although the focus (at the time) was on Portugal, the viability of the euro would largely depend on what happened with Spain. At the time, the warning signals...
André Azevedo Alves
29 July 2011
1 comment

The severity of the current Portuguese crisis results from a mixture of internal and external factors. After an initial boost in the second half of the 1980s fuelled by EU membership and some...
G. R. Steele
18 April 2011

The eurozone came with fine aspirations: according to article 127 in the consolidated version of the Treaty on the Functioning of the European Union ‘the primary objective of the European...
André Azevedo Alves
6 April 2011

As top Portuguese banks give public signals that they will stop buying government debt, pressure is mounting for an immediate plea for external emergency financial support. Nevertheless, the...
André Azevedo Alves
7 December 2010

After Greece and Ireland, it seems increasingly likely that Portugal may become the third euro-area country to be bailed out by an EU/IMF rescue package. In the past week, the yields on Portuguese (...
Joe Markham
24 August 2010
1 comment

The drug policy of the UK has, for years, taken the line of being ‘hard on drugs’, aiming to stamp out use and drug related crime through ever tougher laws and regulations. It means that...
Carlos Santos
1 June 2010

The so-called Keynesian consensus that seemed to emerge following Obama’s stimulus package, was a short-lived one. Governments, mainly in the eurozone shatter belt, are dropping the same...
André Azevedo Alves
11 May 2010

After years of continuous growth in public spending and public debt, the Portuguese economy finds itself in a bleak situation in the context of the ongoing international crisis. Internal and...