Bank of Portugal director suspected of corruption
Carlos Moura suspected in multi-million ‘rigging’ probe One of the Bank of Portugal’s senior directors has been made an official suspect in Operation Pactum – the probe that ‘burst onto
PJ police lead searches on Bank of Portugal, other public entities
Mega-operation hones in on suspicions of corruption, abuse of power, computer fraud Portugal’s criminal police, the PJ, are carrying out a mega-operation of searches today at the Bank of Portugal,
US tariffs could hit Portugal’s GDP by 1.1%
Bank of Portugal navigates trail of uncertainty The increase in tariffs imposed by the US could have an impact of 1.1% of Portugal’s GDP, especially in the first two years
Public debt rises in January
4th year-on-year rise According to data from the Bank of Portugal (BdP), public debt from the Maastricht perspective – which counts for Brussels – increased by around €3.6 billion to
Portugal celebrates external surplus of €9.3 billion in 2024
Portugal’s economy had an external surplus of €9.3 billion in 2024, equivalent to 3.3% of gross domestic product, an all-time high since records began, the Bank of Portugal announced today.
Portugal’s gold reserve worth more than €33 billion
With the price of gold steadily increasing, Portugal’s reserve held by its central bank, is worth around €33 billion. The Bank of Portugal has around 383 tonnes of gold. Between
“Majority of Portuguese think Mário Centeno should continue as central bank governor”
Yesterday’s ‘exclusive’ broken by SIC, that the government will not be extending the mandate of Mário Centeno, as Governor of the Bank of Portugal, Socialist party leader Pedro Nuno Santos
PM praises new ‘super manager’, stressing he isn’t coming in on bumper salary
First choice wanted to retain €15,000 Bank of Portugal pay packet After all the unpleasantness of their first choice for the top job, Portugal’s government has picked its Secretary General
Bank of Portugal governor to be called to parliament to explain sky-high salaries
Governor of the Bank of Portugal, Mário Centeno, could be ruing the day he ‘refused’ to continue paying the salary of one of his team requisitioned by the government. As
Bank of Portugal (continues) warning over public guarantee for young people’s home purchases
The Bank of Portugal used the last day of 2024 to publish the rules for giving mortgages to young people with a ‘public guarantee’. This is one of the measures