Portugal is located on the western edge of Europe, boarded by the Atlantic Ocean and Spain. The country is an important member of the United Nations, the European Union and NATO. Lisbon is the capital city and a major economic centre. It's also the oldest city in Western Europe and one of the oldest in the world. Portuguese weather is classified as the Mediterranean; the landscape is largely mountainous towards the north with many river indents and valleys. The southern coast, the Algarve, is a famous and popular holiday destination frequented by tourists all year round, supporting much of the Portuguese economy.
Portugal's primary stock exchange is located in Lisbon and is part of NYSE Euronext, the first global stock exchange. Porto is the next largest metropolitan area and is famous for exports including port wine. Amongst other notable organisations, the city is home to one of the largest Portuguese daily newspapers; Jornal de Notícias or Journal News. It also once housed its own stock exchange, Bolsa do Porto, before it merged with the Lisbon Stock Exchange.
Portugal is rated as one of the most advanced countries with a high standard of living. It's also among the top 20 best places to live. The business areas of Quinta da Fonte, Lagoas Park, Tagus Park and Sintra Business Park attract corporate travellers from across the globe. This has driven the need for business accommodation and has helped the serviced apartment industry to grow. A serviced apartment provides business travellers with a range of ideal facilities, as well as a spacious and affordable accommodation option.
Key Facts
Capital: Lisbon
Population: 10.4 million
Currency: Euro (€) (EUR)
Language: Portuguese
Dominant Religion: Roman Catholic
Time Zone: (UTC )
Main Exports: Agricultural products, Chemicals, Leather
Internet Domain: .pt
International Dial Code: +351