World News Insights
1-3 Minute Gist
Search, personalize, or simply browse. Follow the world around you from gist and context to insights.
Who we are | Our Credo | Ways of using Lyrarc | FAQ | Send Feedback | First Letter From the Editor
Sign up. It's free and easy to use
Create an account
to personalize your feed of articles and topics.
All Topics Article
After a Recession in Portugal, the Tiny Green Fruits of Success
Keywords:
Portugal showed growth in GDP of 1.1% in the second quarter of 2013 from the prior quarter, according to Eurostat. Higher petroleum exports and better prices were part of the reason for the improvement in exports. At the same time Portugal's business leaders and mid sized businesses are improving competitiveness and exports as a way to create growth. Here the NYT's Raphael Minder shows the progress in exporting olive oil at a midsized olive producing farm business in the Alentejo region of Portugal. Morais de Almeida and Miguel de Almeida shifted direction to export to Brazil at this 127 year old olive farm business called Herdade de Manantiz. Manantiz had to use European and Portuguese rural development subsidies for 40% of the cost to put in its first irrigation system, as banks have reduced credit. The Almeida family tapped into family savings for the rest of the funds. This investment of 197,000 euros will help quadruple production at the 529 acre olive farm and generate exports. Brazil took in 524 bottles, and buyers are being contacted in Sweden and Japan for the oil produced from galega olives, unique to Portugal.
Boost for eurozone exports from a weaker euro in 2012-2016
09/25/2011
Economists estimate the lower value of the euro against the dollar and other currencies will boost economc growth in the eurozone by half a percentage point. Ireland, Portugal, Spain and France will benefit from the lower exchange rate for the euro in 2012-2014.
Grouped Articles
New York Times 09/25/2011
After a Recession in Portugal, the Tiny Green Fruits of Success
New York Times 08/28/2013
Euro Displays Uncommon Strength
Wall Street Journal 12/06/2013
Weak Export Growth Raises Prospect of Currency Moves
Wall Street Journal 10/06/2014
Dollar Surges to 11-Year High Against Biggest Rivals
Wall Street Journal 01/04/2015
Weaker Euro Ripples Around World
Wall Street Journal 03/13/2015
The focus on competitiveness by economists, credit ratings agencies, and European leaders as austerity measures alone won't work
02/05/2011
Mario Monti focusses on the need for investing in the economy in an interview with German newspaper Die Welt during a January 2011 visit to Berlin. S&P economists and Nobel winner Stiglitz also emphasize this after a downgrade of France's credit rating- the need for improved competitiveness for the economies of France, Spain Portugal and Italy.
Grouped Articles
New York Times 09/25/2011
Wall Street Journal 05/29/2013
The Next First (and Only) 100 Days
New York Times 12/10/2011
A Proud Nation Ponders How to Halt Its Slow Decline
New York Times 08/24/2013
After a Recession in Portugal, the Tiny Green Fruits of Success
New York Times 08/28/2013
France Says It Will Miss Budget Deficit Targets
Wall Street Journal 09/12/2013
Portugal's exports 2012-2014
03/25/2011
Grouped Articles
New York Times 09/25/2011
Idea of Euro Exit Finds Currency in Portugal
Wall Street Journal 05/27/2013
After a Recession in Portugal, the Tiny Green Fruits of Success
New York Times 08/28/2013
Portugal's Shoemakers Bet on Quality
Wall Street Journal 03/08/2014
Buoyed by Exports, Portugal Chooses Clean Exit From Bailout
New York Times 05/04/2014
Portugal on Road to Recovery Post-Bailout, But Scars Remain
Wall Street Journal 07/20/2015
Faces in Portugal in 2015 as it struggles to make an economic recovery
08/28/2013
Grouped Articles
Portugal on Road to Recovery Post-Bailout, But Scars Remain
Wall Street Journal 07/20/2015
After a Recession in Portugal, the Tiny Green Fruits of Success
New York Times 08/28/2013
Portugal’s President Clears the Way for a New Government
New York Times 10/22/2015
Portugal Dared to Cast Aside Austerity. It’s Having a Major Revival.
New York Times 07/22/2018
Portugal- economy in 2010-2015
10/23/2010
Grouped Articles
Idea of Euro Exit Finds Currency in Portugal
Wall Street Journal 05/27/2013
Portugalâs President Calls for Early Elections
New York Times 07/11/2013
Portugal Emerges From Recession
Wall Street Journal 08/15/2013
After a Recession in Portugal, the Tiny Green Fruits of Success
New York Times 08/28/2013
Portugal Unveils Toughest Austerity Budget Yet
Wall Street Journal 10/16/2013
Portugal's public finances: The apology of Sócrates
Economist 10/23/2010
Portugal's effort to increase foreign investment and improve competitiveness
03/25/2011
Efforts to reduce the corporate tax rate on foreign investment in Portugal to 10% in 2013.
Grouped Articles
The Next First (and Only) 100 Days
New York Times 12/10/2011
After a Recession in Portugal, the Tiny Green Fruits of Success
New York Times 08/28/2013
Portugal Moves to Cut Corporate Tax
Wall Street Journal 12/14/2012
A Nation of Dropouts Shakes Europe
Wall Street Journal 03/25/2011
Portugal Dared to Cast Aside Austerity. It’s Having a Major Revival.
New York Times 07/22/2018
Portugal's banks
04/19/2011
Grouped Articles
After a Recession in Portugal, the Tiny Green Fruits of Success
New York Times 08/28/2013
Back From the Brink, Portugal Still Has Far to Go
New York Times 07/14/2014
Espírito Santo International Files for Creditor Protection
Wall Street Journal 07/19/2014
Portuguese Banks Expect Debt Targets
Wall Street Journal 04/19/2011
Portugal Bailout Plan Detailed
Wall Street Journal 05/05/2011
Fear, Rumors Pummel Europe Bank Shares
Wall Street Journal 08/11/2011
Herdade de Manantiz olive farm business in Portugal- shifting to exports
08/28/2013
A olive farm business on 529 acres in the Alentejo region of Portugal is one of many businesses in Portugal that are increasing exports. Exports have increased to 40% of GDP compared to 29% in 2009 as Portugal boosts competitiveness and looks for new markets. Minder of the NYT talks to members of the Alameida family who have invested to expand the cultivation of galega olives and found a new export market in Brazil.
Grouped Articles
After a Recession in Portugal, the Tiny Green Fruits of Success
New York Times 08/28/2013
Portugal Dared to Cast Aside Austerity. It’s Having a Major Revival.
New York Times 07/22/2018
We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.
Support Lyrarc from as small as $1
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us