Portugal: Prime Minister Anibal Cavaco Silva's strict economic policies have put Portugal on a steady track. (includes related article on U.S. relations with Portugal)

Europe | May 1, 1993| | Copyright

Seven years after its accession to the European Community, Portugal last year had its coming-out party on the international stage, successfully hosting the six-month rotating European presidency. In 1994 Lisbon will be the European Cultural Capital and in 1998 will host an international exposition. All these accomplishments are in stark contrast to the previous image of Portugal as a small European backwater.

But 1993 may prove Portugal's time of reckoning. After recording the highest growth rates in the European Community following accession in 1986, Portugal has ...

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