The Periphery Economies of the Eurozone Slowly Recovering

The periphery economies of the Eurozone, Portugal, Ireland, Greece and Spain, saw the largest falls in their respective GDPs during the economic crisis and all received bailouts. Although the four countries are performing better as of late, all have a long way to go in their economic recovery. Portugal narrowly avoided a second bailout in 2013 and is expected to return to economic growth in 2014. Ireland, through a series of austerity measures and reforms, has managed to reduce its debt to ar...