Republic

In 1910, a revolution deposed the Portuguese monarchy, but chaos continued and considerable economic problems were aggravated by the military intervention in the First World War, which led to a military coup d'état in 1926. This in turn led to the establishment of a right-wing dictatorship by António de Oliveira Salazar.

In the early 1960s, independence movements in the colonies of Angola, Mozambique, and Portuguese Guinea resulted in the Portuguese Colonial War. In 1974, a bloodless left-wing military coup known as the Carnation Revolution led the way for a modern democracy as well as the independence of the last colonies in Africa shortly after. Portugal joined the European Union in 1986, and ever since it has engaged in a process of convergence with its EU counterparts.

Portugal is a democratic republic ruled by the constitution of 1976 with Lisbon, the nation's largest city, as its capital. The four main governing components are the president of the republic, the assembly of the republic, the government, and the courts. The constitution grants the complete separation of powers among legislative, executive, and judicial branches.

The Escudo (PTE) was the official currency of Portugal prior to the introduction of the Euro and was removed from circulation on 28 February 2002. "Escudo" is Portuguese for "shield".

adapted from Wikipedia