Portugal–Spain border Portugal–Spain border The Portugal–Spain border is the international boundary between Portugal and Spain. Referred to as "la Raya" in Spanish and "A Raia" in Portuguese (the stripe), the current demarcation is almost identical to that defined in 1297 by the Treaty of Alcañices. It is one of the oldest borders in the world. The Portugal–Spain border is 1,214 km (754 miles) long and considered the longest uninterrupted border within the European Union. The border is not defined for 18 km (11 miles) between the Caia river and Ribeira de Cuncos, because of the disputed status of Olivenza, which has been
Altice Portugal Bank (5.01%). After privatization the Portuguese government owned 500 golden shares in PT, which carried special rights over the company's management decisions and blocked any one shareholder from holding more than 10% of voting rights within the company. The golden shares were the subject of a long running dispute between the government and the European Commission, which alleged that their existence was illegal under EU law. Portugal argued that the shares were in the public interest. A case brought before the European Court of Justice by the Commission to force the government to cede its shares resulted in the announcement