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Stock Eduardo da Cunha left the Santander Totta to the Spanish bank in the United States for three and a half years. Concerned that there are fewer options for the future for young people. Feels sad people and fears what might happen to Europe
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When he arrived in Portugal last week felt more discouraged and “sad”
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Is the United States of America (USA) since the mid 2009 but did not cut the umbilical cord to Portugal
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Stock Eduardo da Cunha, 49, has five children – the oldest, Agnes aged 21 and 19 with Diogo, studying in Portugal – it is non-executive director of Santander Totta, and have the best friends and most family in Portugal. Every day, in Boston, receives the magazine of the Portuguese press and so keeps you aware of what is going on in the country, particularly in terms of banking
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On the state of the nation, it mainly concerns the level of unemployment and the fact that young people equate as first choice to go abroad to work because they have options inside.
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“When I came here I felt that more than 15% unemployment is a reality that feels the street. People are more sad. This hurts. worry that at some point people think that the effort they are making not worth it “, says Eduardo da Cunha Stock. He explains: “There is a part of the problem that does not depend on us … if Europe into recession it does not help anything.”
<- begin st_tag_p - <- - end st_tag_p!> >Export products are not always good people …
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“I see people suitcase in hand to go sell the products out there and we are here inside to reduce their consumption drastically,” says da Cunha Stock
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As far as he reaches in terms of news, admits that Portugal can cut more in spending, since the sacrifices that are being ordered to Portuguese are hard
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Has awareness and information that banks in Portugal are “endure with much resistance and resilience, as it is now fashionable to say it is “, because it is also non-executive director of the Santander Group in Portugal and is aware of what is going on in banking
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In the crisis, unemployment, the need to tighten their belts to meet the deficit because they overspent, the administrator of the Sovereign (bank Santander group bought in 2009 in the USA) says that the fact that the generation that is to enter the labor market to equate, as inevitable, to go abroad as first choice because there is no future options in Portugal should be understood as very violent critical to all of us . And he said “The prospect of going to work until a few years out there is healthy, but tell our children that they have no jobs, no qualified or unqualified, is umlegado only in penance.” In professional terms Portugal is a constant issue for the world because Santander, Portugal is one of the 10 core markets where the brand is present
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Regarding the approach of Portugal by American society, this is another championship. Few Americans with whom he gets to know or care about what happens in economic and financial terms Portugal. “In terms of American society is not spoken of Portugal. Speak The United States and much of Europe within this distinguished UK and the rest. Between continental Europe and make the distinction between Germany and the rest … Portugal is not a next reality, although this is not discriminatory, “states
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In the USA have an appreciation positive in Portugal
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But states that those who know the Portuguese reality, the more the level of some economists and academics, “look at Portugal as a country that is making a painful adjustment process but with sense.” Giving an example that surprised. “A friend of mine from Boston called me to tell me: then will have a positive trade balance … that’s good … that has not happened since 1943 … eh!” Ie, “He who follows is aware and has a positive appreciation, because we are getting results”
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Eduardo da Cunha Stock Alert for a discussion that will have to be made in the future and that, somehow, the worries up by rampant unemployment and the way society is organized. Because, sooner or later, the world has even greater than that encountered by today’s problem
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Questioning yourself:” Does the world will behave employment levels requires that the population will be living in a world with 30% or more unemployment, because technology has advanced to such an extent that today it needs fewer workers ? emenos hours to produce Do we have to have fewer children and fewer children as if we’ll get sustain social security …
What future do we have? ” However there are some certainties that we should take the whole crisis, warns. “Back to the holiday with other people’s money, the banks, not going back. Were excesses in which we entered all but over.” What to say, returning to the logic of the financial model, said: “Let’s all go back to the old model, in which the particular hope to spare and with that excess money to lend mainly to banking companies …”
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From bags and luggage in Boston
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To Boston – where he serves on the board of directors and also has executive functions in Sovereign – took his wife Maria João and the three younger daughters, Rita Carmo and Carlota . <- st_tag_p end ->
The hardest part was leaving the older children. Agnes, who accompanied the sound of Elton John’s conversation with Expresso father, stepped forward to say “come often and probably can go to the USA to do the Masters”
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Surrounded five women in his house in Cascais, Eduardo says wryly that “the gayest thing of the day is to see a man.” This is to say that his son Diego is not in Portugal because it was doing a summer course in London
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said that it is today in Boston was because he ran for office. “Things do not appear by chance. Santander group allowed some people may have an international career, not all are chosen, but are only chosen those competing.” Was the case
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“I thought you had more opportunities out there and do not regret,” it said.
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Portugal will always be your country, says Eduardo da Cunha Stock, confessing that there is little time yet outdoors. “I am an expatriate to umamultinacional service and so will what the company I work for Santander, decide where I’m more useful and where it can add value”
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The Portuguese manager says that the concept of immigrant today is very different from what it was years ago. “The technologies make everything closer
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I get the press review of the bank in Portugal and see normally the websites of newspapers ‘Public’ and Expresso and TSF “
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As for the logistics of the output his wife, Maria João, no problems, the verb go made sense. “Mary John has lived in Switzerland, Belgium and other countries and this is just one more, and the three young daughters still had no vote in the matter for three and a half years. Today are practically adapted.”
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BEST VACATION
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British Virgin Islands in April 2012
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Stock Eduardo da Cunha with their five children, the oldest, Diogo and Inês the first marriage, his wife Maria João and his three youngest daughters, Rita, Mount Carmel and Charlotte, where they could enjoy a sailboat in the Caribbean Sea. “We saw whales, dolphins, turtles, several species of rays including the colorful spotted eagle ray,” says Eduardo. For the database administrator Sovereign in the USA, the time, the sunset and the convivial family ingredients are not releasing the holidays. In these, the manager still recalls “life on the boat, the stories you tell and retell dinner on the boat, with a starry sky …” recalls wonderful
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After moving to the USA, made a pact: “We vacation in the USA and Portugal.” Calls the two children studying in Portugal, Inês you just law and Diogo who is in Economics, and the vacation destination is chosen by the USA, while in Boston
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Then it said, “Africa and the Middle resume.” Usually makes two holiday too, with Maria João, and these recalls expedition that made Africa in 2005, Peru, Guatemala and Argentina. “Today no step without being on vacation a week in my own house in Cascais and filling with friends”, says Eduardo. The book will not be read on vacation because “when I go on vacation is not to read.’s To enjoy the site and, in Portugal, to take full advantage and hang out with friends and the rest of the family”, concludes
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