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Portugal’s economy chugging along, but at risk of derailing

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LISBON — The passengers on a night train chugging along Portugal’s northern coast last month got the fright of their lives when the 40-year-old locomotive’s diesel engine literally fell off.

Luckily, the train didn’t derail and Portugal Railways ordered taxis to take the 15 passengers home. But the incident was a shocking reminder of Portugal’s chronic underinvestment in public services and the hidden frailty of its economic rebound.

The Portuguese economy, bailed out by the European Union eight years ago,........

© The Japan News