Deputies of the Committee on Budget, Finance and Public Administration this Thursday approved Chega’s request for an urgent hearing in Parliament of the Governor of the Bank of Portugal.
At a meeting of the parliamentary committee, Chega’s request to hear from the head of the Bank of Portugal (BDP), Mario Centeno, was approved with Livre abstaining and everyone else voting in favour.
According to information published by the Jornal de Negócios on April 11, Banco de Portugal recorded a negative pre-tax operating result of EUR 1.054 million and a zero net profit in 2023.
The banking regulator won’t formally report until May 16, but the finance minister said he was “surprised” by the news, despite the Bank of Portugal governor having indicated for some time that the central bank – as the remaining central bank of banks in Europe – would no longer will have positive results due to tightening monetary policy.
In a request filed last November, Chega asked to hear Mario Centeno after former Prime Minister António Costa revealed that he had proposed to the President of the Republic, Marcelo Rebelo de Sousa, the name of the governor of the Bank of Portugal. replace him in this position. The ethics committee of the European Central Bank (ECB) has concluded that the Bank of Portugal governor did not act in a way that would jeopardize his independence if António Costa was invited to replace him.
At the end of April, Mario Centeno praised that Europe faces “big sacrifices in the fight against inflation”, working harder than other jurisdictions to reach the 2% target.
Author: Lusa
Source: CM Jornal
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