History
Portugal became independent under Afonso Henriques in the twelfth century and completed the reconquest of its territory from the Moors by 1249, giving it some of the oldest stable borders in Europe. In the fifteenth and sixteenth centuries this small kingdom pioneered European ocean exploration — down the African coast, round the Cape with Bartolomeu Dias, to India with Vasco da Gama, and to Brazil with Cabral — building a global empire and growing rich on spices, Brazilian gold, and the Atlantic slave trade. The 1755 Lisbon earthquake, tsunami, and fire killed tens of thousands and reshaped both the capital and European thought.
The Napoleonic invasion sent the court fleeing to Brazil, which declared independence in 1822, and a long nineteenth-century decline followed. The monarchy fell in 1910, and from 1926 Portugal was ruled by the authoritarian "Estado Novo" of António de Oliveira Salazar — repressive, poor, and, in its final years, bogged down in a colonial war against independence movements in Angola, Mozambique, and Guinea-Bissau.
The near-bloodless Carnation Revolution of 25 April 1974, led by junior officers and joined by the public, ended the dictatorship. Rapid decolonisation brought about half a million settlers home, and after a turbulent few years Portugal settled into democracy, joined the EU in 1986, and adopted the euro. The 2010–2014 sovereign-debt crisis brought a bailout and austerity; the recovery since has been real, though a long two-party alternation has recently been disrupted by the rise of the hard-right Chega party.
- Portugal: The Atlantic Edge — Europe's oldest fixed border and its first global empire — the country that opened the sea route to Asia, lost and regained its independence from Spain, endured Europe's longest dictatorship, and freed itself in an afternoon with almost no blood
