The Portuguese Government, led by socialist Prime Minister, António Costa, has appointed the former Eurogroup President and Portuguese Finance Minister, Mário Centeno, as Governor of Portugal’s Central Bank. Never have the revolving doors of finance spun so fast, writes João Cotrim de Figueiredo.
Portuguese Finance Minister Mário Centeno, the Eurogroup's president, has resigned from government, following a period of less than idyllic relations with Prime Minister António Costa, and will be replaced by state secretary for budget João Leão.
Portuguese Prime Minister Antonio Costa said on Friday (10 April) that the Netherlands' attempt to block economic support to fight the coronavirus raised questions about the future of the European Union.
Tensions between Portuguese prime minister, Antonio Costa, and his finance minister and Eurogroup president, Mario Centeno erupted in front of EU leaders on Friday (13 December) as the two clashed over the design of the eurozone budgetary instrument .
Portugal's ruling Socialists won Sunday's (6 October) parliamentary election but fell short of an outright majority, meaning Prime Minister António Costa will need to negotiate a new deal with one or both of his far-left allies in the previous legislature.
Portugal's government ordered striking fuel-tanker workers back to work in some parts of the country on Monday (12 August) after fuel supplies ran low at locations including Lisbon airport despite measures to counter the impact of the walkout.
Spain’s Prime Minister Pedro Sánchez will meet with French President Emmanuel Macron in Paris on Monday (27 May) and is expected to lobby for several socialist and social-democrat candidates for EU top jobs, as member states and political groups start jockeying for position.
The anticipated loss of European funds in the European Union's new long-term budget has been the main theme in the Portuguese EU election campaign, which are seen as a warming up for the national elections in October. EURACTIV’s media partner Lusa reports.
In his usual straightforward manner, Bulgarian Prime Minister Boyko Borissov has disclosed that French President Emmanuel Macron has consulted him this week to prepare the summit on 28 May when the future EU top jobs will be discussed for the first time.
China will always stick to "mutual respect" in its efforts to deal with global challenges, President Xi Jinping said on Wednesday (5 December) in Lisbon, where he signed agreements to link Portugal to Beijing's One Belt - One Road initiative.
The Portuguese government said on Tuesday (25 September) it had reached an agreement with Spain and France to welcome some of the migrants on board the last private rescue ship in the Mediterranean, after Italy refused to let the vessel dock.
France's Emmanuel Macron makes his first visit as president to Spain and Portugal, starting Thursday, in his push to overhaul the EU, with the two southern allies seeking French help to connect their energy grids to Europe.
The eurozone will never reach its full potential and may face a new crisis in the future without a fiscal capacity, Portugal's Prime Minister Antonio Costa told the European Parliament on Wednesday (14 March).
The World Economic Forum missed European Commission President Jean-Claude Juncker on Thursday (24 January), but presidents, prime ministers, and ministers from all EU countries were there to send the message that Europe is back.
Eleven EU countries have already met their 2020 renewable energy goals ahead of schedule while the bloc as a whole has reached 17%, just shy of the overall target with two years to go, according to new data from Eurostat.
Tropical storm Ophelia killed at least 36 people in wildfires raging through Portugal and another three in Spain on Sunday and Monday (15 and 16 October). Three people died in Ireland as the storm battered the island’s southern coast, knocking down trees and power lines and whipping up 10-metre waves.
President of the Eurogroup Jeroen Dijsselbloem said today (7 April) he does not intend to resign before his mandate ends in January. He insisted that none of his EU counterparts had called for his resignation.
While the European left is largely struggling where it holds power, Portugal's government alliance stands out as a remarkable exception. It is raising wages and gaining popularity as well as delivering the lowest budget deficit in living memory.
Eurogroup chief Jeroen Dijsselbloem on Wednesday (22 March) expressed "regret" over his comments that southern European countries blew their money on "drinks and women" but rejected calls to resign, despite a growing chorus of indignation.
Competition Commissioner Margrethe Vestager skipped the European Commission's "no comment on comments" policy to criticise Eurogroup President Jeroen Dijsselbloem's remarks about southern member states.
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