Sarmento sees Centeno's election to the ECB as 'quite difficult' but maintains 'some hope'

Monday, 19 January 2026RSS
Sarmento sees Centeno's election to the ECB as 'quite difficult' but maintains 'some hope'

'Quite difficult', but with 'some hope': this is how Portuguese Finance Minister Joaquim Miranda Sarmento views Mário Centeno's prospects of winning the race for the position of Vice‑President of the European Central Bank (ECB), the name expected to be announced at the Eurogroup meeting this Monday. 'It is a difficult election, because those who are leaving ...'

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.

View full article on ECO

RSS source