Latest news and stories about ecb in finance in Portugal for expats and residents.
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After the ECB revised inflation upwards, Vitor Costa, executive editor of CNN Portugal, identifies some “good news”.
The ECB President guarantees that the bank is determined to ensure that inflation stabilizes at 2% in the medium term.
The European Central Bank (ECB) kept Eurozone interest rates unchanged this Thursday for the sixth consecutive meeting, in line with the expectations of investors and analysts, at a time when the escalation of the conflict in the Middle East is leading monetary institutions to act with caution. Thus, the central bank led by...
Central banks, including the Fed and the ECB, are maintaining current interest rates as they navigate the delicate balance of avoiding stagflation and preventing costly monetary policy errors.
The article does not pertain to Portugal; instead, it reports that Christine Lagarde, President of the European Central Bank (ECB), assures that inflation will be kept under control amid the ongoing Middle East conflict. Lagarde emphasized the ECB's commitment to preventing inflation surges similar to those experienced in 2022 and 2023, caused partly by Russia's invasion of Ukraine. She highlighted the current high uncertainty and volatility in global markets, referencing recent oil price fluctuations. Recent Eurostat data shows inflation in the eurozone decreased to 1.7% in January 2026, below the ECB's 2% target, with core inflation at 2.2%. Lagarde did not specify potential interest rate hikes but reaffirmed the ECB's focus on maintaining price stability despite geopolitical tensions.
The president of the European Central Bank (ECB) stated this Tuesday that the monetary institution will do whatever is 'necessary' to ensure that 'inflation is under control' in the face of rising energy prices due to the war in the Middle East. 'We will do whatever is necessary to ensure that inflation is under control and to...'
European Central Bank President Christine Lagarde has pledged to take all necessary measures to maintain inflation control amid concerns over rising energy prices, distinguishing the current economic climate from the volatility of 2022 and 2023.
Vujcic will be appointed for an eight-year term, starting on 1 June 2026. Mário Centeno was among the candidates for this position, but the Portuguese government ultimately withdrew his candidacy.
The European Parliament today approved the nomination of the governor of the Croatian central bank, Boris Vujcic, as vice-president of the ECB, succeeding Luis de Guindos, whose term ends on 31 May.
The appointment was approved with 460 votes in favour, 68 against and 91 abstentions.
Chosen from six candidates, the governor of the Croatian National Bank secured the Eurogroup's consensus and will be the next vice‑president of the ECB.
Some of the main figures in the economic sphere in recent days
The net effect of artificial intelligence could turn out to be positive for the decade we are living through, the President of the European Central Bank said in a debate on Wednesday at the World Economic Forum. But the context is now 'colder' because of geopolitical shifts and the heavy demands AI places on capital, energy and data.
The ECB president said he was “alert” and observed that his main concern is the potential disruption to economic outcomes due to the “uncertainty that Donald Trump is creating in the world”.
Joaquim Miranda Sarmento said that “the candidacy Portugal put forward passed the first round”, but then, “based on the numbers presented”, the Government decided to withdraw from the race.
Boris Vujcic was elected vice-president of the European Central Bank.
Mário Centeno was one of the candidates, but he withdrew from the race on Monday.
Boris Vujčić was elected this Monday as vice-president of the European Central Bank (ECB). The governor of the Croatian National Bank won the race against five other candidates, including the Portuguese Mário Centeno, and will succeed the Spaniard Luis de Guindos as Christine Lagarde’s right-hand from 1 June. The election took place ...
At the Eurogroup meeting the successor to Luis de Guindos as ECB vice-president was discussed. Centeno was left out of the race. The Croatian candidate won.
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.
The government had admitted that electing the Portuguese candidate would be difficult
Portugal, Estonia and Lithuania have withdrawn from the race for the vice-presidency of the European Central Bank, according to sources cited by Bloomberg.
Mário Centeno withdrew from the race for vice‑president of the European Central Bank (ECB), ECO has learned from a source close to the process. The former governor of the Bank of Portugal was overtaken by Boris Vujčić of Croatia, who will succeed the Spaniard Luis de Guindos as the euro‑area central bank’s 'number two'. The election took place ...
The Eurogroup votes on Monday to choose the new vice‑president of the European Central Bank (ECB) in a process featuring six candidates, among them the former governor of the Bank of Portugal, Mário Centeno.