Portugal is entering a danger zone. Economic performance is low, public debt increases, the banks are not to be trusted.
It is common opinion that even England in turmoil Brexit provides more confidence then the Portuguese economy.
Two factors contribute to this feeling: the anti-Europeanism of parties that support the government, which begins to be felt in the Prime Minister's rhetoric and the poor results of the economy.
An exitof the danger zone can only be obtained with political change and the adoption of policies that comfort the German partners.
There was a kind of trade-off. Portugal followed a policy and in exchange Germany supported to Portugal in case of need. This trade-off has been broken.
So the economic issue is primarily political.
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