I usually describe Portugal as "my tiny, yet beautiful country", I have heard others describe it as "Europe's Best Kept Secret". Either way, whenever Portugal hits the headlines it is not about its beauty, its size, its unveiled secrets but rather because something is not going well.

The new sick man of Europe, perhaps not so new for this is how Portugal was described in 2007, is very ill. In fact, according to Moody's (a very accurate and poignant name for a rating company) Portugal is "junk".

I guess that, once Portugal becomes terminally ill it will become a magazine cover, pretty much like the late ant friend of Garfield. I wonder, however, which adjective will Moody use it to described it. "Compost", perhaps?

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