On January 6, Epiphany is celebrated in some families, especially in the North, where the family gathers to eat "Bolo-Rei" (King Cake); this is also the time for the traditional street songs - "As Janeiras" (The January ones).
Portugal has developed an increasingly service-based economy since joining the European Union in 1986, a development that began with the boom of the 1960s.
From the 16th century, Portugal gradually saw its wealth decreasing. Even if Portugal was officially an autonomous state, the country was a Spanish puppet and Portuguese colonies were attacked by Spain's opponents, especially the Dutch and English.
Portugal borders only one nation—Spain, to the west and north—with a total of 1,214km of borders. It is bordered on the east with a 1,793km coastline along the North Atlantic Ocean. Portugal also controls the Atlantic islands of Azores and Madeira Islands, which are strategic locations along western sea approaches to the Strait of Gibraltar between the Atlantic and Mediterranean Sea. In total, the country has an area of 92,391km,² of which 91,951km² is land and 440km² water.
Portugal has been inhabited for at least 500,000 years, first by Neanderthals and then by modern humans coming from Africa less than 100,000 years ago.
Portugal is a small coastal nation in southwestern Europe. Its mainland is located on the Iberian Peninsula, located 38°41° north of the equator and 8°5° west of the Prime Meridian.
The Romans associated Portugal with Bacchus, their God of Winery and Feast. Today the country is known by wine lovers, and its wines had won several international prizes. Many famous Portuguese wines are known as some of the world's best: Vinho Verde, Vinho Alvarinho, Vinho do Douro, Vinho do Alentejo, Vinho do Dão, Vinho da Bairrada and the sweet: Port Wine, Madeira wine and the Moscatels of Setúbal and Favaios (Douro). Port Wine is largely exported, now followed by Vinho Verde. Exports of Vinho Verde are largely increasing, in response to the growing international demand.
The country still has a 6.7 percent illiteracy rate, almost exclusively among the elderly. Portugal has been increasingly overshadowed by lower-cost producers in Central Europe as a target for foreign direct investment.
Portugal proposed the creation of the Community of Portuguese Language Countries (CPLP) to improve its ties with other Portuguese-speaking countries. Additionally, Portugal has participated, along with Spain, in a series of Ibero-American summits.
Portugal has been a significant beneficiary of the European Union and is a proponent of European integration. Portugal held the presidency of the European Union for the second time during the first half of 2000. Portugal used its term to launch a dialogue between the EU and Africa and to begin to take steps to make the European economy dynamic and competitive. In 2002, the Euro began to circulate as Portugal's currency.
Portugal's economy is based on traditional industries such as textiles, clothing, footwear, cork and wood products, beverages (wine), porcelain and earthenware, and glass and glassware. In addition, the country has increased its role in Europe's automotive sector. Services, particularly tourism, are playing an increasingly important role in the economy.
Portugal was a strong advocate of independence for East Timor, a former Portuguese colony, and has committed troops and money to East Timor, in close cooperation with the United States, Asian allies, and the United Nations.