Portugal–Spain border disputed between the two countries for two hundred years. A microstate existed previously on the border called Couto Misto. Districts on the Portuguese side of the border from North to South: Provinces on the Spanish side of the border from North to South: Portugal and Spain signed the Schengen Agreement in June 1991 which came into effect on 26 March 1995, making Portugal and Spain part of the Schengen area and thus the border then became an Open border. Portugal has since reintroduced border checks several times along the border with Spain, during the UEFA Euro 2004 championships, during the
Portugal the time of exiting the bailout, the economy had contracted by 0.7% in the first quarter of 2014; however, unemployment, while still high, had fallen to 15.3%. The average salary in Portugal is €910 per month, excluding self-employed individuals and the minimum wage, which is regulated by law, is €580 per month (paid 14 times per annum). The Global Competitiveness Report for 2014–2015, published by the World Economic Forum, placed Portugal on the 36th position on the economic index. The Economist Intelligence Unit's quality of life index placed Portugal as the country with the 19th-best quality of life in the