Portugal: History

  1. 1910

    Portugal becomes a republic after King Manuel II steps down amid a revolution.

  2. 1916

    Portugal fights on the Allied side in World War I.

  3. 1949

    Portugal becomes a founding member of the North American Treaty Organization (NATO).

  4. 1955

    Portugal joins the United Nations.

  5. 1961

    India takes Portuguese Goa.

  6. 1986

    Portugal joins the European Economic Community (EEC), which later is incorporated into the European Union (EU).

  7. 2003

    A massive forest fire sweeps across woodland in Portugal, causing the country an estimated loss of one billion euros.

  8. 2007

    Massive demonstrations against the government's economic reforms spread across the country.

  9. 2010

    The Portuguese government announces a package of austerity measure s in an attempt to reduce its budget deficit.

  10. 2011

    Portugal becomes the third EU country to apply for EU financial assistance to help deal with its budget deficit. Portugal is granted a 78 billion euro bailout from the EU and International Monetary Fund. The government plans for further spending cuts in order to be able to repay the massive loan.

  11. 2012

    Credit rating agencies downgrade Portugal's rating junk status. 


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