There is no longer any doubt that Portugal is moving into a new general confinement this week. It remains to be seen what the exact molds of this confinement will be, which the Prime Minister, António Costa, has already stated that should be very similar to what prevailed in Portugal in the last half of March and in April last year, in the first wave of the covid pandemic. -19. The big question on the table is whether schools will remain open or close, as they did then. And this difference is important to assess the impact of the new confinement on the Portuguese economy. It is that if there are no doubts left to the economists heard by the Express that it will charge a price, which could lead to a new fall in the first quarter – although less severe than what happened last spring – the size of that price will depend on the severity and duration of the measures adopted.
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