A preliminary study coordinated by former Prime Minister Pedro Passos Coelho and the Porto Commercial Association suggests that Portugal remains locked in a low-growth equilibrium. The research identifies mutually reinforcing structural barriers as the primary cause for the country's economic stagnation, with findings expected to be presented publicly later this year.
Study highlights Portugal's low-growth economic trap
Context & Explainers
Pedro Passos Coelho is a Portuguese politician who served as Prime Minister from 2011 to 2015 and led the Social Democratic Party (Partido Social Democrata or PSD). His choice to stay silent during the presidential run-off matters because, as a former PM and centre‑right leader, his endorsements or comments could influence PSD voters ahead of the 8 February vote.






