Portugal has potential to be new European economic hub

Portugal’s exports revolution, which will be a case study for future economics students, gives the country the potential to become one of Europe’s business hubs and have competitive advantages on other member states according to Arcano Partners.

In an interview with Jornal Económico, Beatriz Cortez de Lobão cites Portugal’s low energy exposure to Russia, a population with an appetite for up-skilling and re-skilling; one that has good English skills and a lack of exchange risk benefit Portugal.
According to the Spanish investment banker, Portugal has the necessary characteristics to become the latest European case study for success, just being a member of the EU already puts it in front of other similar economies that have also gained ground in recent years, and should make the most of its comparative advantages to correct imbalances, reduce its debt and transform its economy into something different.