Portugal’s parliament rejects call for central bank governor to quit

The Bank of Portugal
Rachael King

The Portuguese parliament voted against a resolution calling for the resignation of central governor Carlos Costa today (February 28), according to local reports.

The failed motion called for Costa to resign over alleged irregularities during his time as an executive at the state-owned bank Caixa Geral de Depósitos, or CGD. But Costa and other senior executives at the CGD will face a public inquiry into the allegations, following another parliamentary vote earlier this month.

The left-wing

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: