Analysis - Portugal, like Europe, loses hunger for reform


  • World
  • Monday, 25 May 2015

A waiter awaits the arrival of customers to a restaurant in Chiado neighborhood in Lisbon October 8, 2012. REUTERS/Rafael Marchante

SINTRA, Portugal (Reuters) - Celebrated among Europe's elite as a model of how to reform an economy after a debt binge, Portugal's enthusiasm for change has waned as Europe loses its appetite for further belt-tightening.

With Greece's future in the euro uncertain, after its leftist government all but tore up a reform-for-aid deal, Europe's policy setters are putting an extra shine on other countries that were bailed out - in part to avoid a spillover.

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