Now Available: Apparel and Footwear in Portugal
October 22, 2014 at 09:28 AM EDT
Boston, MA -- (SBWIRE) -- 10/22/2014 -- Portugal experienced the effects of several years of erratic performance, characterised by deregulated application of public funds. Intervention by the International Monetary Fund forced the application of a severe austerity measures programme, which although almost at its end, is still severely impacting consumers' overall purchasing power. Financial difficulties also brought about other social problems, such as unemployment. All these factors forced a strong decline in consumption, which...