In the British magazine’s view Centeno “can look back at his first 12 months as head of Eurogroup with well-deserved satisfaction”, stressing success in negotiations for the Euro reform in December.
The Banker described Centeno as an “unusual choice” for the presidency of the informal group of finance ministers of the eurozone, as he is “the first president of the Eurogroup from southern Europe and the first from a rescued country”.
It also labelled Centeno as “more conciliatory than his occasionally abrasive predecessor”, Dutchman Jeroen Dijsselbloem.
For 2019, the magazine explained that Centeno is preparing for two major political challenges at a European level: “a pillar of the banking union, the other an attempt to underpin the credibility of the Euro project.”
The Banker also said Centeno’s accolade “was recognition of Portugal’s incredible economic recovery”.
The publication highlighted the decline in Portugal’s unemployment rate from 17 percent in 2013 to currently below 7 percent, the prospects for stability of Portuguese economic growth in 2019 and 2020, the recapitalisation of the banking sector during 2016 and 2017, and the increase of minimum wage and pensions as part of that recovery.
Source: The Portugal News
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My property advisor, Mathew McGurn, was truly excellent! His knowledge, professionalism and attention to details was much appreciated. He worked hard to not only find a property that fit all my requirements, he negotiated successfully with agents making sure my offer won over other buyers bidding for the same property. In addition, his communication skills, prompt response time and general help with my getting settled in Portugal went above and beyond the normal.Investor from the USA
Dear Sérgio, thank you so much for arranging our 1º Esquerdo place. We love our place, and your attention to detail is very much appreciated.Tim Thronson - Investor from the USA
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Everyone I met with and spoke with has been extremely knowledgeable and professional. Dealing with native English speakers who understand things from my perspective was very reassuring. Finally, knowing that I had Matthew in my corner gave me the confidence to proceed with the process of buying an apartment in Lisbon. Thanks very much.Investor from the USA
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