Portuguese PM nominates Centeno as next central bank governor

Opposition lawmakers’ bid to block highly rated ex-finance minister seems likely to fail

Mário Centeno
Mário Centeno
European Parliament

Portugal’s former finance minister, Mário Centeno, is likely to become the country’s next central bank governor, despite strong resistance from opposition lawmakers.

The country’s Socialist prime minister António Costa formally nominated Centeno, seen by Portuguese commentators as his close political ally, for the role on June 25. Centeno served as finance minister in Costa’s government from November 2015.

He resigned just 13 days ago, in what many Portuguese observers described as a

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