Faculty News
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Prof. Luis Cabral on the ongoing financial problems in Portugal
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![CNC World logo CNC World logo](/sites/default/files/styles/192w_x_144h/public/assets/images/con_031421.jpg?h=cd55d432&itok=x5nNd7--)
Excerpt from CNC World -- "This previous government [in Portugal] up to now did a very good job, in my opinion, in terms of the restructuring the foreign debt; did a very poor job in terms of explaining and selling ... internally, the policy of fiscal consolidation, because it's had tremendous social costs and some of those costs could have been minimized by a better communication strategy."
Faculty News
—
![CNC World logo CNC World logo](/sites/default/files/styles/192w_x_144h/public/assets/images/con_031421.jpg?h=cd55d432&itok=x5nNd7--)
Excerpt from CNC World -- "This previous government [in Portugal] up to now did a very good job, in my opinion, in terms of the restructuring the foreign debt; did a very poor job in terms of explaining and selling ... internally, the policy of fiscal consolidation, because it's had tremendous social costs and some of those costs could have been minimized by a better communication strategy."