Bank of Portugal

Portugal’s Prime Minister António Costa and a former governor of the Bank of Portugal have exchanged legal threats over the postponed publication of a tell-all book. António Costa has labelled [...]

The Governor of the Bank of Portugal, Mário Centeno has criticised the low execution rate of European ‘bazooka’ funds which he calls “dramatically low”. The former Portuguese finance minister was [...]

The Portuguese financial authorities are to put a new legal framework to govern trading with cryptocurrencies on hold. Bank of Portugal Director Luís Laginha wants to instead wait until the [...]

Portugal has earned €109 million from its gold reserves without selling a single ingot because it has cleverly applied them as a financial instrument. According to an exclusive from ECO, Portugal [...]

The average monthly mortgage repayment in Portugal will be €273 by July 2023 according to a forecast from the Bank of Portugal. The Euribor forecast represents 75% of the average monthly payment [...]

The President of ISEG – one of Portugal’s most prestigious economics and business management schools – Clara Raposo has been appointed the new vice-governor of the Bank of Portugal. [...]

It was not “imprudent” for the European Central Bank to raise interest rate by 0.5% now rather than last year, according to Vítor Constâncio, the former governor of the Bank of Portugal and ex [...]

Portugal’s central bank governor Mário Centeno has played down the increase in interest rates on Portugal’s 10-year bonds which reached 3% this week. His attempts to calm the markets comes as the [...]

The Bank of Portugal is said to be running out of patience for a new chairman to take the helm at Portugal’s new development bank Banco de Fomento. A year ago the Government tried to find a [...]

Bank of Portugal gold reserves increased 4.3% in value in 2021 on 2020 to a total of €19.8Bn — almost 10% of national GDP. It meant that the increase in value of national gold reserves were able [...]