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The PSI-20 is Portugal's most selective and widely known stock index. Portugal's central bank is the Banco de Portugal, which is an integral part of the European System of Central Banks. The largest Portuguese banks are Banco Comercial Português and the state-owned Caixa Geral de Depósitos. [136]
Academic research in 2003 represented about 50% of total expenditure in R&D (including expenditure by higher education and related non-profit institutions). Total expenditure (public and private) in R&D was 0.78% of the GDP, which had reached 0.85% in 2001, when the European average was 1.98% for the then-15 EU member-states. Overall, higher ...
Portugal, [e] officially the Portuguese Republic, [f] is a country in the Iberian Peninsula in Southwestern Europe.Featuring the westernmost point in continental Europe, Portugal borders Spain to its north and east, with which it shares the longest uninterrupted border in the European Union; to the south and the west is the North Atlantic Ocean; and to the west and southwest lie the ...
Taxes in Portugal are levied by both the national and regional governments of Portugal. Tax revenue in Portugal stood at 34.9% of GDP in 2018. [ 1 ] The most important revenue sources include the income tax , social security contributions, corporate tax and the value added tax , which are all applied at the national level.
Serra da Estrela, the highest mountain range in continental Portugal and popular tourist winter destination The volcanic lake of Lagoa das Furnas, on the island of São Miguel. Portugal is located on the western coast of the Iberian Peninsula and plateau, that divides the inland Mediterranean Sea from the Atlantic Ocean. It is located on the ...
In high-schools and universities, a 20-point grading scale is used. When it is the case of the final grade of an academic degree, each grade is assigned a qualitative mark by degree (depending on the university, the students have at most a final grade of 16 or 17, being almost impossible for students to have a final score between 18-20): [ 1 ]
Portugal played its first ever rugby international in April 1935 against Spain, losing by a single point, 6–5. [citation needed] They played Spain again the following year with Spain winning 16–9. Portugal had more regular competition from the mid-1960s, and won their first game in 1966, defeating Spain 9–3.
Portugal has also been using water power to generate power for the country. In the 2010s, a local company, Wave Roller installed many devices along the coast to make use of the water power. [10] In 2021, 36% of Portugal’s total installed power generation capacity and 23% of total power generation came from hydro power. [11]