[choteck]

Well, the article is just stating the truth, that is the deficit is going down mainly because public investment in that last few years is being almost null (mainly in infrastructure) and now Portugal can go to the markets after seeing removed the "trash" title from the public debt. (Not) The only problem is that a big part of Portugal's infrastructure is starting to be outdated and should have have been renewed.

The actual government is mainly taking advantage of tourism growth and the stimulus from the Central European Bank (https://www.ft.com/content/7514a734-6fbe-11e8-92d3-6c13e5c92...) and is selling the recent growth as being a consequence from their measures of lowering taxes (which is not exactly true, also - https://www.pordata.pt/Portugal/Receitas+fiscais+do+Estado+t..., and yeah I know that if more people have a job more the total amount of taxes collected is higher) and others.

Being a Portuguese living in Portugal, it is obvious that the economy is improving but that improvement is not sustainable IMHO.

[hn_throwaway_99]

> The only problem is that a big part of Portugal's infrastructure is starting to be outdated and should have have been renewed.

Meh, you should see the sad state of affairs in the US.