Debt - external:
$274.7 billion (2004 est.)

Economic aid - donor:
ODA, $271 million (1995)

Currency (code):
euro (EUR)
note: on 1 January 1999, the European Monetary Union introduced the
euro as a common currency to be used by financial institutions of
member countries; on 1 January 2002, the euro became the sole
currency for everyday transactions within the member countries

Currency code:
EUR

Exchange rates:
euros per US dollar - 0.8054 (2004), 0.886 (2003), 1.0626 (2002),
1.1175 (2001), 1.0854 (2000)

Fiscal year:
calendar year

Communications Portugal

Telephones - main lines in use:
4,278,800 (2003)

Telephones - mobile cellular:
9,341,400 (2003)

Telephone system:
general assessment: Portugal's telephone system has achieved a
state-of-the-art network with broadband, high-speed capabilities and
a main line telephone density of 53%
domestic: integrated network of coaxial cables, open-wire, microwave
radio relay, and domestic satellite earth stations
international: country code - 351; 6 submarine cables; satellite
earth stations - 3 Intelsat (2 Atlantic Ocean and 1 Indian Ocean),
NA Eutelsat; tropospheric scatter to Azores; note - an earth station
for Inmarsat (Atlantic Ocean region) is planned