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Portugal has some success in attracting UK pre-Brexit investment

londonThe United Kingdom was the largest foreign investor in Portugal in 2018, according to a delighted Secretary of State for Internationalisation who claims that this is an indication that Portugal is working well in attracting foreign money.

Eurico Brilhante Dias, interviewed on Antenna 1, said that Portugal has captured investment due to the uncertainty generated by Brexit and that €900 million originated from the UK, more than from the Netherlands and Luxembourg, the financial centres that normally top the ranking.

The Secretary of State says that Portugal's strategy is not to, "mine the spoils of Brexit," but claimed that Portugal has benefited from the uncertainty that has been generated by the Brexit process.

Eurico Brilhante Dias commented that, “the United Kingdom has always been a major investor in Portugal, even before Portugal became a member of the European Community and it will be thereafter. The Japanese, Americans, Canadians, Brazilians, Germans are saying that, ‘I have my operation in the UK, but right now I think it's time to rethink how I'm creating value in Europe, and I need another location."

Portugal has tried to position itself as a go-to destination with some success but not an overwhelming rush of UK relocations and investments.

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Comments  

+4 #4 Ed 2019-03-05 18:42
Done, the Bull is no more....
+4 #3 Boris H 2019-03-05 16:24
Ed,
Bull's comment is, wearing but not harmless, in fact part of this persons comment is trying to insight hatred.
Therefore, you should be taking editorial control over comments of this nature, instead of allowing this type of abuse to take place.
+5 #2 AL 2019-03-05 14:39
Quoting Ed:

His point about man up and stop snivelling are valid and relate to a recently publicised British rape victim's treatment in a Portuguese hospital. The endless '' Contra os Bretões marchar" stuff is pretty wearing but harmless.

I'm not talking about the one unfortunate incident that happen in a Portuguese hospital but the gross generalisation used by J.Bull towards the Portuguese and Portugal.
His comments about the Portuguese national anthem might be harmless to you but for someone that has family in both countries it is vile and insulting.
This person shows no respect towards your readers, his comments are generally out of topic and with the intention of insulting Portuguese readers.
+5 #1 AL 2019-03-05 12:19
[quote name="J.Bull"]
Ed unfortunately you have let another idiotic comment from J.Bull slip through the net.

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