Portugal: History

  1. 1640

    A revolt ends the Spanish monarchy’s rule in Portugal and the House of Braganza is established as the ruling family.

  2. 1910

    King Manuel II, a member of the House of Braganza, abdicates the throne amid a revolution. The Portuguese Republic is established.

  3. 1932

    Antonio Salazar, an economist, becomes prime minister. He rules Portugal as an authoritarian corporate state.

  4. 1949

    Portugal becomes a founding member of NATO.

  5. 1955

    Portugal joins the United Nations.

  6. 1974

    The Armed Forces Movement seizes power from the corporate state in a nearly bloodless coup, establishing a provisional military government. As a result of the coup, many of the country's remaining colonies gain independence.

  7. 1982

    The civilian government is restored.

  8. 1986

    Portugal joins the European Economic Community, now known as the European Union.

  9. 2002

    The Euro replaces the Escudo as Portugal’s official currency.

  10. 2010

    The government releases austerity plans aimed at reducing the country’s budget deficit.

  11. 2011

    Portugal is given a $78 billion bailout from the EU and International Monetary Fund, as long as the country introduces large austerity measures, which lead to large protests.

  12. 2013

    More spending cuts are approved so the country does not have to take a second international bailout.


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