On Monday the Government withdrew the candidacy of former Bank of Portugal governor and minister Mário Centeno for the vice‑presidency of the European Central Bank (ECB). The decision was announced after a second round of voting at the Eurogroup meeting in Brussels. In the third round the Croatian Boris Vujcic was appointed.
Centeno out of the race for the ECB vice‑presidency
Monday, 19 January 2026RSS
Context & Explainers
The Eurogroup is a meeting of finance ministers from the 20 European Union countries that use the Euro currency. It coordinates economic policies and manages financial stability, including responses to energy price volatility caused by global conflicts. Residents should note that its decisions influence inflation and the broader economic environment across the Eurozone.
