AlgarveBlu
Well-Known Member
- Joined
- 21 Aug 2005
- Messages
- 3,930
Not sure if you are referring to Spain/France or Portugal or all 3.I was born in Portugal and I'm living in Spain now. I've also been a couple of years studying in France.
Having setup a financing business and worked and lived in Portugal for 20 years now, I can tell you with some personal insight that the fiscal support and monetary stability that the ECB and the Euro has provided Portugal has been instrumental to its increase in standards of living and economic growth.
I meet and travel abroad with many of the directors of the major banks in Portugal as well as some people from the Bank of Portugal and to a person they all acknowledge the improvements to the country as a whole that EU membership has brought them. Portugal’s problem is a legacy from its recent communist/socialist past which means it has a bloated public sector and a dis functional judicial system.
I also personally don’t know any Portuguese people from all walks of life that would advocate going back to the way things were before they joined the EU.