What is Cavaco Silva's notable economic achievement?
Stabilizing Portugal's economy
Creating a new currency
Building a space program
Winning a Nobel Prize
Answer
Stabilizing Portugal's economy was Cavaco Silva's significant economic achievement. He implemented austerity measures, privatized state-owned industries, and reduced government spending. These policies helped curb inflation, reduce the budget deficit, and attract foreign investment. As a result, Portugal's economy experienced sustained economic growth and stability during Silva's tenure as Prime Minister.
Unveiling Aníbal Cavaco Silva: A Journey Through Portugal's Political Legacy
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