What impact will Portugal’s election have on the country’s economy?

Portugal held elections on 4 October, with the governing centre-right coalition winning the election, but losing its absolute majority in parliament. Luís Aguiar-Conraria assesses what the result of the election could mean for the country’s economy, which was one of the worst hit during the Eurozone crisis. He argues that while the potential for another election to be held in the short-term could pose a problem, there is nevertheless reason for cautious optimism about Portugal’s economic future in the short to medium term.