JRONY - Sifting Through Southern Europe: Portugal's Case
Investing in Portugal
Portugal is a small country in every aspect. Everyone knows everybody. The elites are formed from a small number of leading families that have taken over the country and digladiate themselves for political power. Just like you can see in any given episode of the "Game Of Thrones" TV series. Old rivalries are always ready to reemerge and elections are an opportunity for factions to take turns in power.
Since money is power, and those families have little, they strive to get management seats in the biggest state-owned and private companies, which