Bank of Portugal incinerates 950 million euros worth of €500 notes
Since January last year every single €500 note that has been paid into anyone’s bank account has been incinerated following the European Central Bank decision to phase-out these notes due
Scathing attack: accounts court slates performance of former governor of Bank of Portugal
The Accounts Court has been scathing. Within a couple of weeks of the exit from the Bank of Portugal by former governor Carlos Costa, fur has started to fly, albeit
Former finance minister starts work as Governor of Bank of Portugal on Monday
Mário Centeno has ‘done it’. Despite the howls about ‘conflict of interest’, the attempt at a legal embargo (click here), the former Socialist finance minister will have his feet under
Centeno seeks to put Bank of Portugal ‘back on the map’
Far from being in any way wrong-footed by the fact that most MPs in parliament opposed his nomination, former PS finance minister Mário Centeno took the opportunity yesterday to describe
Last ditch attempt against well-laid plans for new Governor of Bank of Portugal
As former finance minister Mário Centeno shakes off his last responsibility (head of the Eurogroup) before moving into the top job at the Bank of Portugal, Initiativa Liberal – one
Mário Centeno closer than ever to becoming Governor of Bank of Portugal
Despite the efforts of opposition parties to stymy the move on the basis that it represents a glaring conflict of interests, former finance minister Mário Centeno is now even close
Plans for Portuguese ‘Development Bank’ hinge on green light from Brussels and Bank of Portugal
The Council of Ministers has approved plans to create a state-owned development bank to channel funds to companies and sectors in order to dynamise the economy. It’s a plan ministers
Countdown begins on choice for new governor of Bank of Portugal
An uneasy countdown has begun on the choice for the new governor of the Bank of Portugal. Since Mário Centeno – the country’s acclaimed ‘Ronaldo’ of all-things-financial – announced last
Former BES boss told he really must pay €3.7 million fine
Months away now from being formally charged over the catastrophic collapse of BES bank, former banking ‘boss-of-all-this’ Ricardo Salgado has learnt that he must indeed pay the €3.7 million fine
Bank regulator calls for ‘coronabonds’ to prevent new euro debt crisis
The governor of the Bank of Portugal has called for the issuance of “coronabonds” in response to the Covid-19 pandemic. Carlos Costa – due to stand down in the summer