In Portugal, the unemployment rate has reached a record level of 17.7 percent, the highest in the European Union after Greece (26.4%) and Spain (26.3%), compared to an EU average of 10.9%. 952,000 people are unemployed, out of a total population of 10,5 million inhabitants.
For 2013, the center-right government led by Pedro Passos Coelho provides additional anti-crisis measures to comply with the financial assistance program of the Troika (EU, ECB, IMF), whose inspectors have already been twice in Lisbon to control the progress of the accounts. Among the measures there is the reduction of approximately 5 percent of public employees (30,000 of 700,000).
The bioeconomy could also be for Portugal an important way out of the crisis. We speak with Simão Soares, Ceo of the young company SilicoLife, one of several companies involved in the fields of bioeconomy created in Portugal in recent years, specialized in bioinformatics.
Interview by Mario Bonaccorso
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