CONVERGENCE KEEPING UP WITH EUROPES BIG BOYS

TO BETTER UNDERSTAND HOW IT WORKS, HERE IS OUR CRASH COURSE PORTUGAL IS A GREAT EXAMPLE OF THE CHALLENGES OF REAL CONVERGENCE.

SO, IT NEEDS TO ADDRESS REFORMS IN PRODUCTIVITY TO REALLY PLAY CATCH UP TO RICHER EUROZONE COUNTRIES, AS REAL ECONOMY REPORTER CHARLOTTE KAN FOUND OUT.

Portugal's efforts to turn its economy around have been hailed by IMF boss Christine Lagarde.
So, it needs to address reforms in productivity to really play catch up to richer eurozone countries, as Real Economy reporter Charlotte Kan found out.
To better understand how it works, here is our crash course: Portugal is a great example of the challenges of real convergence.

Yet an important lesson of the financial crisis has been that you can’t stop having strong economic policies once you have simply entered the euro club. They need to continue for us to have sustainable and real...

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Article ID: 241644 Date: 16th May, 2018 Social Shares: 798
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