President Aníbal Cavaco Silva of Portugal and the first lady visited the Hoover Institution on Monday, November 14, 2011, for a closed-door roundtable luncheon discussion. John Raisian, the Tad and Dianne Taube Director of the Hoover Institution, along with Tom Stephenson, Hoover overseer and former ambassador to Portugal, and his wife, Barbara, hosted the event.
In his remarks, President Silva, an economics professor, first mentioned the time he spent at Hoover as a visiting fellow in the 1970s. Despite the current economic problems Europe and Portugal are facing, the president offered optimistic remarks about the future for Portugal, emphasizing the austerity measures being implemented, expansion of commerce beyond its traditional trading partners, and movement by the government to support the business sector to become more entrepreneurial and competitive.
The president was joined by José Cesário, deputy minister of communications; Carlos Oliveira, deputy minister of entrepreneurship and innovation; and Nuno Brito, Portuguese ambassador to the United States, whose visit included meetings with Stanford president John Hennessey and Silicon Valley leaders.