Armindo Monteiro, in a commentary on the report by economists James Robinson and Nuno Palma on Portugal's economic growth, alerts to the urgency of a "stir of the Productive Nation". The CIP president emphasizes that Portugal has the 9th lowest GDP per capita in the EU (68% of the average) and productivity of only 29 euros per hour, less than half of Germany's. He argues that the country needs structural reforms that include administrative simplification, reduction of the fiscal burden on labor, valuing merit, and investing in higher value-added sectors. Monteiro rejects both pessimism and naive optimism, calling for flexible policies focused on creating real value, with ambitious goals to bring Portugal closer to the European average in terms of wealth created and wages.
Jornal Económico04/09/26, 07:44