Brazil Standard of Living Outlook: Daily

By Marcelo Duailibe, Contributing Reporter

RIO DE JANEIRO, BRAZIL – The finance minister for Brazil, Guido Mantega said yesterday that it may take ten to twenty years for Brazilian citizens to have a standard of living similar to Europe. Commenting on the study of the Centre for Economics and Business Research (CEBR), which points to Brazil as the world's sixth largest economy, ahead of the United Kingdom.

The minister said that Brazil will consolidate that position and continue to grow more . . .

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