Portuguese Central Bank Evaluates Governor's Conduct Amid Political and Economic Crisis

The Bank of Portugal's ethics committee will meet to assess the conduct of governor Mario Centeno, following concerns about his independence after being proposed as a potential replacement for the departing prime minister. Centeno's quick move from the finance ministry to the central bank had previously raised eyebrows. Opposition parties have criticized his lack of independence, while Centeno's links to the Socialist party have come into question. The ethics committee will evaluate the allegation of lack of independence and publish its opinion shortly after the meeting.