Portugal Dared to Cast Aside Austerity. It’s Having a Major Revival. - The New York Times
▻https://www.nytimes.com/2018/07/22/business/portugal-economy-austerity.html
The government’s U-turn, and willingness to spend, had a powerful effect. Creditors railed against the move, but the gloom that had gripped the nation through years of belt-tightening began to lift. Business confidence rebounded. Production and exports began to take off — including at Mr. Rivera’s olive groves.