From cakes to tech, bold startups defy Portugal crisis
date:Dec 26, 2012

With unemployment at record highs, empty stores and for rent signs on cafes are far more common than prospering new businesses after a 40 percent jump in insolvencies this year.

Still, the bakery chain is just one example of how a bold business concept can defy the worst economic slump since the 1970s, a smothering tax burden imposed under an international bailout, record-low business morale and a lack of bank loans.

Although not numerous, other startups in areas from farming to computer tech
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