Parliament approves hearing for Bank of Portugal Governor regarding Centeno's retirement

The Bank of Portugal Governor, Álvaro Santos Pereira, will be heard in parliament regarding the retirement of his predecessor, Mário Centeno, at age 59. The hearing, requested by the Chega party, was unanimously approved by the Budget, Finance and Public Administration Committee. The inquiry focuses on the terms of Centeno's retirement pension, which reports suggest will amount to approximately 10,000 euros gross per month, following an agreement between the former governor and the central bank.