Travel Portugal weighs prizes and pain of four years of austerity – euronews By mylusoJanuary 23, 2025Less 1 min read Portugal quit its 78-billion euro bailout scheme last May, having signed up to a rescue plan in 2011 as its borrowing costs soared. By 2012 they stood at 18%. Today they are at 2.5% and GDP is forecast to grow in 2015 by 1.6%. ShareTweetPinShare Previous PostGet the sunscreen: Spain, Portugal bake in record heat wave – U.S. News & World Report Next PostTelmo Faria plots Uma Casa, a Portuguese restaurant in San Francisco You May Also Like January 18, 2025 A simple Portuguese fish stew that works for many occasions – January 20, 2025 Timor-Leste has more unexplored oil resources January 19, 2025 Heineken opens first brewery in Mozambique, a US$100M investment January 22, 2025 Reports: Jose Mourinho will take over as Manchester United manager from July 1