The European Union wants to penalize Portugal for exceeding the EU's budget deficit limit of 3 percent. Portugal rejects sanctions and insists that its economy is on the mend. One example is the capital Lisbon, which has become a successful hub for start-ups.
For more on this go to:
http://www.dw.com/en/euro-finance-ministers-agree-spain-portugal-violating-budget-rules/a-19394327
http://www.dw.com/en/eu-recommends-fines-for-spain-and-portugal-over-deficits/a-19386680
