Portugal Net Worth is23,000 GDP/Capital ($)
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Native Name: 1
Portugal i/E?pE?rtE?E?E?E?l/ (Portuguese: Portugal, IPA: [puE 3/4 tuE?E?aE<<]; officially the Portuguese Republic, Portuguese: RepA?blica Portuguesa) is a country located in Southwestern Europe, on the Iberian Peninsula. It is the westernmost country of mainland Europe, and is bordered by the Atlantic Ocean to the west and south and by Spain to the north and east. The Atlantic archipelagos of the Azores and Madeira are Portuguese territory as well. The country is named after its second largest city, Porto, whose Latin name was Portus Cale.
The land within the borders of the current Portuguese Republic has been continuously settled since prehistoric times. In the 8th century most of the Iberian Peninsula was conquered by Moorish invaders professing Islam, who were later expelled by the Knights Templar. During the Christian Reconquista, Portugal established itself as an independent kingdom from LeA?n in 1139, claiming to be the oldest European nation-state. In the 15th and 16th centuries, as the result of pioneering the Age of Discovery, Portugal expanded western influence and established the first global empire, becoming one of the world's major economic, political and military powers. In addition, the Portuguese Empire was the longest-lived of the modern European colonial empires, spanning almost 600 years, from the capture of Ceuta in 1415 to the handover of Macau in 1999 and grant of sovereignty to East Timor in 2002. The empire spread throughout a vast number of territories that are now part of 53 different sovereign states. However, the country's international status was greatly reduced during the 19th century, especially following the Independence of Brazil, its largest colony. After the 1910 revolution deposed the monarchy, the democratic but unstable Portuguese First Republic was established, itself being superseded by the "Estado Novo" authoritarian regime. Democracy was restored after the Portuguese Colonial War and the Carnation Revolution in 1974.

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Portugal Latest News

Goldman Sees More Bond Pain for Italy Given Portugal's History

For a template on how to trade Italy 2018, investors should look back to Portugal in 2015. That’s the advice of Goldman Sachs Group Inc. The lesson is Italian bond yields have further to rise as a coalition of populist parties is poised to form a ...
Posted: May 23, 2018, 7:11 am

Portugal reaping the rewards of the Golden Visa programme

PTGoldenVisa offers a full range of professional services to help its clients make the most of the Golden Visa programme as they looks to invest in Portugal’s burgeoning real estate market At present, the booming real estate market in Portugal is ...
Posted: May 23, 2018, 9:06 pm

Unearthing Portugal’s Wine of the Dead, a Relic From the Napoleonic Wars

In the small town of Boticas, Portugal, a centuries-old tradition of making “wine of the dead” lives on. Despite its macabre name, this libation has less to do with death than it does with burial. In 19th-century Portugal, during a time of French ...
Posted: May 23, 2018, 12:09 pm
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