Vítor Constâncio with reforms of 27 thousand euros per month – The Economic Journal


The former governor of the Bank of Portugal has a reform of more than 27 thousand euros per month, Correio da Manhã said Wednesday, June 12.

This is the result of the payment of two reforms: the Banco de Portugal pension, and the pension he owes due to his eight years as vice-president of the European Central Bank (ECB), which corresponds to 70% of his last salary (17 thousand euros).

According to Correio da Manhã, Vítor Constâncio accumulated for eight years the reform of Banco de Portugal, in the amount of 10 thousand euros per month, with the salary of the ECB, which was around 24 thousand euros per month in 2017.

Vítor Constâncio was again called to the Parliamentary Inquiry Commission of Caixa Geral de Depósitos, where he will testify on June 18.

Vítor Constâncio's call to Parliament comes after it has been reported that his administration of the Banco de Portugal has given the green light to José Bernardo Foundation's position in BCP bank, according to the Público newspaper,

This news runs counter to the statements of the former governor of the Parliament. In an interview with RTP, Vítor Constâncio said that "he was aware of the transaction" and that he was present at the meeting that approved it, but argued that the credit of € 350 million from Caixa Geral de Depósitos to Joe Berardo "had already been granted months. "



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