Portuguese central banker warns on populism, Launch of Global Public Investor 2020
Friday 17 July 2020 – Vol.11 Ed.29.5
Commentary: Portuguese central banker warns on populism
By David Marsh in London
Populism will lower political support for the EU if member states exit from the crisis at notably different speeds, says Carlos da Silva Costa, Bank of Portugal governor. In a valedictory OMFIF interview, Costa underlined the need for complementarity between ECB easing and the €750bn recovery fund being discussed in Brussels today. He said Christine Lagarde, ECB president, was ‘the right person for the right moment.’
Read the full commentary on the website.
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Meeting: Global Public Investor 2020 launch
The Global Public Investor, now in its seventh year, is devoted to public sector asset ownership and management around the world. The European virtual launch focuses on how key European and American institutions have managed the economic and financial fallout from Covid-19, with speakers including the managing director of the World Bank Group, deputy secretary-general of the OECD, deputy governor of the Banca d’Italia, and more. Themes include recovery plans, implications for central bank balance sheets, and debt sustainability.
Click here for more information and to register.
