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Port wine boats sit on the Douro riverside in front of Porto, November 17, 2003. REUTERS/Nacho Doce

Over the last decade, Portugal broadened its economy not only to attract more foreign tourists but also to interest more overseas investors and expatriates. With the recessions of 2008 and 2013 caused by domestic fiscal issues and a eurozone slump behind them, the country has made tremendous progress as GDP growth reached 2.1 percent last year.

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