Portugal |
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At a glance
Portugal has been a member of the euro area since 1 January 1999. Euro banknotes and coins were introduced on 1 January 2002. Until that date the euro was the official currency but only existed as 'book money'. The euro replaced the Portuguese escudo (PTE) at a conversion rate of EUR 1 = PTE 200.482.
Portugal is represented by Pedro Passos Coelho, Prime Minister, at Euro Summit meetings and by its Minister for Finance, Vítor Gaspar, at Eurogroup meetings.
- Adoption of the euro: 01/01/1999
- Former currency: Portuguese escudo (EUR 1 = PTE 200.482 )
- GDP per capita (current prices): €16 000 (2011 - Eurostat)
- Number of votes at the Council of the EU: 12
- Member of the Schengen area: Yes
- Official languages: Portuguese (pt)
Government
The Portuguese Republic comprises 18 districts and two autonomous regions (Madeira and the Azores).
It has a unicameral parliamentary system.
The Assembly of the Republic (Assembleia da República) is composed of 230 members, elected for four years.
The President of the Republic is the head of state and is elected by direct universal suffrage, for five years. He/she appoints the Prime Minister and assumes a mediation role.
Other facts:
- Political system: republic
- Voting age: 18, voting not compulsory
- National Day: 10 June (anniversary of the death of the poet Luis de Camões – 1580)
Institutions
Contacts
Permanent Representation to the EU
Avenue de Cortenbergh/Kortenberglaan 12
1040 Bruxelles/Brussel
BELGIUM
Tel. +32 22864211
E-mail: reper@reper-portugal.be
Website
Documents
Excessive Deficit Procedure
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09-10-2012 |
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09-10-2012 |
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16-11-2010 |
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30-09-2010 |
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02-12-2009 |
COUNCIL DECISION on the existence of an excessive deficit in Portugal |
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02-12-2009 |
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Key facts and figures
- Member of the euro area: since 1 January 1999
- EU accession: 1 January 1986
- Capital: Lisbon
- Population: 10 541 840 (2012 - Eurostat)
- Area: 92 094 km2
Representatives
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Euro Summit
Pedro Passos Coelho |
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Eurogroup
Vítor Gaspar |