Shock Decision: Government Rejects Mário Centeno for Second Term at Banco de Portugal

Government's Stance on Centeno's Future

In a surprising turn of events, the Portuguese government has decided not to propose Mário Centeno for a second term as the head of the Banco de Portugal. This news was reported by SIC Notícias on January 16, 2025.

Photo: Leonardo Negrão/arquivo

Centeno has been a significant figure in Portuguese finance, and his absence from the nomination list raises questions about the future direction of the central bank. As the government moves forward, many will be watching closely to see who will take on this critical role in shaping Portugal's economic landscape.