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Portugal’s governor remains in place ahead of ECB meeting

Government fails to announce Centeno’s reappointment or replacement after term ends

Mário Centeno
Mário Centeno
European Parliament

The Bank of Portugal has said Mário Centeno will continue to serve as governor and will attend the European Central Bank’s governing council meeting this week, even though his official term has come to an end.

According to Reuters, Mário Centeno’s five-year term as governor ended on July 19 before the Portuguese government had reached a decision about whether to reappoint or replace him.

The ECB’s governing council is scheduled to meet on July 23 and announce its monetary policy decision the

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