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Portugal Market Insight: Surfing through Uncertainty. Hopes Up for Stability as Retailers Battle Economic Headwinds.
Portugal is hoping to find a much-desired political stability that will allow the government to work smoothly, but the task hasn’t been easy. Despite progress in solving problems and making important decisions such as the country’s new airport location, the stress test of the new executive elected 100 days ago, will come in October with the approval (or non-approval) of the State Budget for 2025. At that point, we will either have a period of greater stability or we will once again have a…