Samuel Fernandes de Almeida (Partner) is interviewed by Frontline where he talks about the economic situation in Portugal, the fragilities the country faces and what are the expectations for the coming years.
"In economic terms, we have gone from an estimated growth of around 2% in 2020 to a recession of 8%, and employment seems to have remained relatively stable in 2020, with an unemployment rate of 7.5%, largely explained by employment support measures, in particular lay-offs. This is an unprecedented impact on the economy in the post 25th of April period".
Read the article here.
