Yup, and sadly one of the main reasons I believe the government does not want to increase Portuguese salaries. Probably afraid that the foreign companies will look for other markets to move their factories…
Portugal unfortunately has no moat besides a coastline and islands. If salaries would increase to EU average, most IT and manufacturing industry would vanish.
Yup, and sadly one of the main reasons I believe the government does not want to increase Portuguese salaries. Probably afraid that the foreign companies will look for other markets to move their factories…
Portugal unfortunately has no moat besides a coastline and islands. If salaries would increase to EU average, most IT and manufacturing industry would vanish.