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Portugal - The Decline of a Colonial Power | Global 3000
Posted
March 27, 2012
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9,403
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March 27, 2012
9,403
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3:39Now PlayingAlong with Greece and Ireland, Portugal was the third EU member to receive an international bailout. It's now deep in recession, forcing a generation to go abroad in search of work. The old and very young are often left behind. Rosy and Anthony Almeida have been taking care of their grandchildren since their daughter Sonia moved to Angola. The children keep in touch with their mother via Skype. She regularly sends money home to pay for the family's upkeep. Even after deep spending cuts, the Portuguese economy is forecast to shrink by over 3 percent this year.
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