Policy Article

Will Portugal Turn into a Second Greece?


  • Klaus Schrader
  • Claus-Friedrich Laaser
Publication Date

Portugal’s deep economic crisis gives rise to the expectation that the country will turn into a second Greece. The Kiel economists Klaus Schrader and Claus-Friedrich Laaser analyse, whether this expectation is well founded or not. Their analysis of the crisis in Portugal shows that Portugal has a better chance of avoiding economic collapse than Greece. It is up to the Portuguese government to improve economic conditions by far-reaching structural reforms.


Key Words

  • economic development
  • Economic Structures
  • Portugal
  • Reformen
  • Reforms
  • Wirtschaftsentwicklung
  • Wirtschaftsstruktur