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Portuguese Culture and Language

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The poet Fernando Pessoa once wrote: «My Country is my language».  And for more than 200 million people spread out throughout Europe, Africa, South America and Asia this country is called the Portuguese Language.

Portuguese is currently the fifth most spoken language in the world and an official language of countries as varied as Portugal, Brazil, Angola, Cape Verde, Guinea-Bissau, Mozambique, São Tome and Principe and East Timor. It is also used in Macau, territory under Portuguese administration until December 1999, and in Goa. It is also the base of around twenty Creole languages and an important minority language in Andorra, Luxemburg, Namibia, Switzerland and South Africa, as well as spoken in numerous existing migrant communities.

It is this universality of the Portuguese language that unites Portuguese, Brazilians, many Africans and some Asians, through the recognition of a common cultural heritage, and despite not forming a continuous country, but present in large regions separated and spread out through different continents, and the fact that it is not exclusive to one community, but is felt as its own, equally, in distant communities, showing a great internal diversity, according to the regions and groups which use it.

A language of culture such as Portuguese, the carrier of a long history, which serves as raw material and a product of a variety of literatures, an instrument of global affirmation of various societies, is not fully encapsulated within the description of its linguistic system. A language such as this lives in history, in society and in the world.

It has an existence shaped and conditioned by great human movements and, at present, through the existence of those groups that speak it.

This means that the Portuguese spoken all around the world, in the meantime harmonized by an importante Orthographic Agreement, continues to be felt as a single language, vehicle of communication by excellency and, possibly, the most powerful of the ties uniting the countries that use it.

In webpage of the Portuguese Presidency of the European Union 2007

 

To know more:

- Centro Virtual Instituto Camões www.cvc.instituto-camoes.pt

- Centro de Informação Europeia Jacques Delors www.eurocid.pt/pls/wsd/wsdwcot0.detalhe?p_cot_id=775

 

 

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Destaques

Press release from the Bank of Portugal on the financial position of Banco Espírito Santo, S.A.

Lisbon, 11 July 2014

Considering the adverse capital market developments related to the uncertainty over the financial position of Banco Espírito Santo, S.A. (BES), Banco de Portugal clarifies, based on the information reported by BES and its external auditor (KPMG), that BES holds a sufficient capital buffer to accommodate possible negative impacts arising from its exposure to the non-financial arm of Espírito Santo Group (GES), without jeopardising its compliance with the required minimum capital ratios.

In this regard, it is important to recall that the financial situation of GES's non-financial arm was detected in a horizontal audit carried out at the end of 2013 on the eight largest Portuguese banking groups by an independent entity commissioned by Banco de Portugal. Following the conclusions of that audit, several measures were determined by Banco de Portugal to  ringfence BES Group’s financial position against the risks arising from GES's non-financial arm. This audit was the last of a cycle of four horizontal inspections launched by Banco de Portugal since 2011, which allowed the main Portuguese banks' credit portfolios to be reviewed in detail.

The safety of the funds entrusted to BES is not undermined and BES depositors may rest assured.

http://www.bportugal.pt/en-US/OBancoeoEurosistema/ComunicadoseNotasdeInformacao/Pages/combp20140711.aspx