That is incorrect for Portugal. We didn't took part on the WWII and came out with a rich country that kept growing on double-digits. Eventually it was attacked simultaneouly by the US/Russia proxies for 10 years until 1974.
It was after that US/Russia sponsored this communist takeover of our country that the new puppet governments have thrown the natives into extreme misery until someone from the EU decided to reduce the levels of corruption and misery. We simply swapped one master for another and hasn't been good for our land.
So please don't compare our country to whatever "solutions" brought by the same entities who caused our problems in the first place. We needed almost 50 years to remove socialism from this country and reduce the venezuelan/cuban style poverty forced upon us.