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Top related persons:
Filipe Garcia - 2 Marcelo Rebelo de Sousa - 1 Rebelo de Sousa - 1 Antonio Costa - 1 illegalities - 1 Costa - 1 Rebelo - 1 Mario Centeno - 1
Top related locs:
Portugal Portuguese Europe LISBON Lisbon Belem Western Montenegro
Top related orgs:
Lawmakers - 1 Socialist - 1 Socialist Party - 1 of State - 1 Prosecutors - 1 Bank of Portugal - 1 Social Democrats - 1 PSD - 1

Search resuls for: "Filipe Garcia"


2 mentions found


☆ Portugal president calls March snap election, leaves time to pass budget
  + stars: | 2023-11-09 | by ( Sergio Goncalves Catarina Demony Andrei Khalip | Sergio Goncalves | Catarina Demony | ) www.reuters.com   time to read: +5 min
By law, an election needs to be held within 60 days of the publishing of the presidential decree dissolving parliament. "I hope that time, sooner rather than later, will allow us to clarify what happened," Rebelo de Sousa said. By calling the March election, Rebelo de Sousa also addressed the need of the PS to pick a new leader to run. Earlier, PS President Carlos Cesar said March would be the best timing, while other parties pointed to January or February. "It is urgent to reestablish trust and prestige in democratic institutions," the leader of the PSD, Luis Montenegro, said after the president announced the election.
Persons: Marcelo Rebelo de Sousa, Rebelo de Sousa, Antonio Costa, illegalities, Costa, Rebelo, Mario Centeno, Filipe Garcia, Mercados, Carlos Cesar, Andre Ventura, Luis Montenegro, Catarina Demony, Sergio Goncalves, Andrei Khalip, Marguerita Choy, Alistair Bell Organizations: Lawmakers, Socialist, Socialist Party, of State, Prosecutors, Bank of Portugal, Social Democrats, PSD, Thomson Locations: LISBON, Portugal, Portuguese, Lisbon, Belem, Europe, Western, Montenegro
☆ Disgruntled Europeans hit out at banks for not passing on higher rates on savings
  + stars: | 2023-08-31 | by ( Silvia Amaro | ) www.cnbc.com   time to read: +6 min
Those words from Marco Oliveira, a 50-year-old graphic designer from Portugal, underscore a deep lying annoyance in Europe with people bemoaning a lack of return on their savings despite surging interest rates. This, in practice, should translate into higher rates both on mortgages, but also on deposits. The key metric used by analysts is the deposit delta — which represents the increase in policy rates that banks pass through to the interest rates on deposits. For instance, Croatia's deposit delta is 12%, Cyprus is 30% and Portugal stands at 32%. And indeed, Portuguese banks show one of the lowest deposit delta, being the fifth worst in Europe," Teixeira said.
Persons: Marco Oliveira, Carlos Stilianopoulos, Marta Ferro Teixeira, Teixeira, Nicolas Charnay, Filipe Garcia, Banks, Garcia Organizations: Bank SA, Bloomberg, Getty, CNBC, European Central Bank, ECB, ABN Amro, ABN AMRO, P Global, P, SA, Reuters Locations: Thessaloniki, Greece, Portugal, Europe, Cyprus, France, Italy, Portuguese, Barcelona, Spain, PNL, —
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