date:Dec 26, 2012
ortugal has simplified the process of setting up companies in recent years, but a lot more red tape is left. The government is aware it needs to cut it to return the country to growth.
To cross this valley of death we need a great number of firms, especially innovative and export-oriented. The government is doing its best to put an end to bureaucracy, simplify the licensing to make Portugal a startup-friendly nation, State Secretary for Entrepreneurship Carlos Oliveira told Reuters.
Whether th