In this photo taken Oct. 31, 2012, Alberto Joao Jardim, President of the Portuguese Madeira Islands regional government, greets local residents in Cabo Girao, Portugal, during the inauguration of his government's latest showpiece investment, a panoramic steel-and-glass viewing point perched on what claims to be Europe's highest cliff-top. The price tag for the platform, parking lot and cafe was euro 2.5 million. That’s a hefty outlay for a near-bankrupt archipelago of about 250,000 people which has euro 6.3 billion in public debt, needed a euro 1.5 billion bailout last year and has promised to be frugal. But development funds from the European Union, bankrolled by the continent's taxpayers, made it affordable by picking up euro 2 million of the tab. (AP Photo/Joana Sousa)

Associated Press
In this photo taken Oct. 31, 2012, Alberto Joao Jardim, President of the Portuguese Madeira Islands regional government, greets local residents in Cabo Girao, Portugal, during the inauguration of his government's latest showpiece investment, a panoramic steel-and-glass viewing point perched on what claims to be Europe's highest cliff-top. The price tag for the platform, parking lot and cafe was euro 2.5 million. That’s a hefty outlay for a near-bankrupt archipelago of about 250,000 people which has euro 6.3 billion in public debt, needed a euro 1.5 billion bailout last year and has promised to be frugal. But development funds from the European Union, bankrolled by the continent's taxpayers, made it affordable by picking up euro 2 million of the tab. (AP Photo/Joana Sousa)
In this photo taken Oct. 31, 2012, Alberto Joao Jardim, President of the Portuguese Madeira Islands regional government, greets local residents in Cabo Girao, Portugal, during the inauguration of his government's latest showpiece investment, a panoramic steel-and-glass viewing point perched on what claims to be Europe's highest cliff-top. The price tag for the platform, parking lot and cafe was euro 2.5 million. That’s a hefty outlay for a near-bankrupt archipelago of about 250,000 people which has euro 6.3 billion in public debt, needed a euro 1.5 billion bailout last year and has promised to be frugal. But development funds from the European Union, bankrolled by the continent's taxpayers, made it affordable by picking up euro 2 million of the tab. (AP Photo/Joana Sousa)
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