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Mario Centeno believes that zero VAT comes with a big risk that consumers will not feel it.

The governor of the Bank of Portugal (BdP) said this Thursday that zero VAT on food is a measure with a "great risk" of being "imperceptible" to end consumers and has a "relatively high" budgetary cost. This Thursday, Mario Centeno went to Escola Secundária de São Pedro in Vila Real to give a "class"...