Weekend round up – some #GE16Facts from this weekend

 

Submitted by Brion Hoban on the basis of this headline and subhead.

Claim: Political instability in Portugal has led to economic instability in the country.

Verdict: Possibly true.

The impact of any political instability on economic issues has not been determined and would not be the sole influence.  GDP growth has slowed since the period in which two elections were held last year (October and November). A forecast of 1.6% GDP growth is projected for 2016-2020 (http://country.eiu.com/portugal). The economy has grown just 0.2% since the period of instability began (http://www.tradingeconomics.com/portugal/gdp-growth). However, as growth of the economy only recommenced in 2014 (0.9% in 2014 and a projected 1.4% in 2015) (http://www.focuseconomics.com/countries/portugal) it is unclear whether or not economic growth is slowing due to political instability or is just progressing slowly regardless.

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