[QODLink]
Europe

Portugal eases out of economic crisis

A three-year bailout ends in the country as signs of economic revival begin to surface.

Last updated: 17 May 2014 19:28
Email Article
Print Article
Share article
Send Feedback

A three-year financial bailout is formally over in Portugal, one of the countries worst hit by the eurozone crisis.

Deep spending cuts and unemployment have made life difficult in the country, but there are new signs of economic revival.

The crisis has changed various aspects of Portuguese society as well as the economy.

Many young people have emigrated and those who stayed are choosing to have fewer children.

Al Jazeera's Barnaby Phillips reports from Lisbon.

75

Source:
Al Jazeera
Email Article
Print Article
Share article
Send Feedback
Featured on Al Jazeera
Your chance to be an investigative journalist in Al Jazeera’s new interactive game.
An innovative rehabilitation programme offers Danish fighters in Syria an escape route and help without prosecution.
Street tension between radical Muslims and Holland's hard right rises, as Islamic State anxiety grows.
Take an immersive look at the challenges facing the war-torn country as US troops begin their withdrawal.
Featured
Despite 14-year struggle for a new mosque in the second-largest city, new roadblocks are erected at every turn.
Authorities and demonstrators have shown no inclination to yield despite growing economic damage and protest pressure.
Lebanese-born Rula Ghani may take cues from the modernising Queen Soraya, but she'll have to proceed with caution.
One of the world's last hunter-gatherer tribes has been forced from the forest it called home by a major dam project.
Chinese authorities scramble to cut off information on Hong Kong protests from reaching the mainland.