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Bank of Portugal

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Hélder Rosalino: image - António Cotrim/ Lusa

Bank of Portugal refuses to stump up for government’s ‘super-manager’

Government hoped €15,000-a-month salary would remain paid by central bank The Bank of Portugal has set the record straight today, following an ‘exclusive’ in Correio da Manhã suggesting the government

December 28, 2024by Natasha DonnIn Bank of Portugal, Government
Mário Centeno, governor of the Bank of Portugal. Image: Mário Cruz/ Lusa

Everyone appears to be trashing Bank of Portugal warning about a return to deficit

It is now widely understood that former finance minister, now Bank of Portugal governor, Mário Centeno’s bleak forecast for the economy in 2025 is ‘on its own’: every organisation/ think

December 16, 2024by Natasha DonnIn Bank of Portugal, Deficit
Image of President Marcelo: Rui Minderico/ Lusa

President dismisses ‘concerns’ about deficit

Socialists insist warnings (by former Socialist minister) ‘should be taken very seriously’ President of Portugal Marcelo Rebelo de Sousa has dismissed concerns about the possibility of a deficit in 2025

December 15, 2024by Natasha DonnIn Bank of Portugal, Deficit, President of the Republic
Mário Centento, governor of the Bank of Portugal

Governor of Bank of Portugal called to parliament to explain massive operational losses

Considering the country was told ‘how healthy’ public accounts were generally, today has been all about how it doesn’t appear to be… at all. Talk has centred on how little

May 2, 2024by Natasha DonnIn Bank of Portugal, Portugal News
Mário Centeno

Bank of Portugal registers negative balance of over a BILLION euros

Almost too startling to be a ‘brief’ news item, Portugal’s central bank has registered a negative operational balance for 2023 of over a BILLION euros. This may have little connection

April 12, 2024by Natasha DonnIn Bank of Portugal, Banks, Portugal News
The banner read_ "Government defending fossil profits=Student Resistance. End Fossil 2030". Image: facebook

Climate protestors unfurl banner on roof of Bank of Portugal

Bank “makes no comment”; PSP police unaware Students from the Grève Climática Estudantil (Student Climate Strike) movement climbed onto the roof of the Bank of Portugal in Lisbon early this

March 13, 2024by Natasha DonnIn Bank of Portugal, Portugal News, Protest
ATM-card-Pixabay-scaled

Bank of Portugal wants to force companies to accept electronic payment method

The Bank of Portugal announced on Monday that it is preparing a formula to require companies to accept an electronic payment method in addition to cash. This measure is part of

September 26, 2023by Michael BruxoIn Bank of Portugal, Banks, Portugal News
Recent fury demonstrated by the country's sapper firefighters. Image: Miguel A. Lopes/ Lusa

Economic activity in red post-Easter: Bank of Portugal

Economic activity in Portugal entered negative territory after Easter, where it remains, writes Expresso this morning, citing the DEI (daily economic activity indicator), calculated by the Bank of Portugal.

April 28, 2023by Natasha DonnIn Bank of Portugal, Economy, Portugal News
Mário Centeno

Bank of Portugal governor optimistic Europe will escape recession

Portugal’s central bank governor Mário Centeno is optimistic that Europe’s economy will grow sufficiently to avoid a recession, adding that its performance has been “surprising”. Taking part on a panel

January 18, 2023by Portugal ResidentIn Bank of Portugal, Portugal News
Covid-19: Government announces €3 billion CREDIT LINE to support companies

“Very challenging times” – central bank governor

The governor of the Bank of Portugal, Mário Centeno, told the students of ISEG on Wednesday that the times currently being experienced “are not yet difficult” but “very, very challenging”

September 14, 2022by Portugal ResidentIn Bank of Portugal, Portugal News
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