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- Q529992 subject Q5312304.
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- Q529992 abstract "Vítor Manuel Ribeiro Constâncio, GCC, GCIH (born 12 October 1943) is a Portuguese economist and politician, Vice President of the European Central Bank. Constâncio graduated in economics from the Universidade Técnica de Lisboa.He was secretary-general of the Socialist Party from 1986 to 1989. He lost the legislative elections of 19 July 1987, but remained in office. He resigned the following year, being replaced by Jorge Sampaio.He was governor of the Banco de Portugal, the Portuguese central bank, from 2000 to 2010, having been re-appointed in 2006. Under his presidency the Bank of Portugal has spend one third of its original holdings of 600 tons of gold to 400 tons, approximately.He was appointed vice-governor in 1977, in 1979, and in the period from 1981 to 1984. He was Governor of the Portuguese Central Bank from 1985 to 1986. While in office, he advocated salaries stagnation or increases below inflation, as a way to increase the Portuguese economy's competitiveness.Two Portuguese banks (Banco Português de Negócios (BPN) and Banco Privado Português (BPP) had been accumulating losses for years due to bad investiments, embezzlement and accounting fraud. The Portuguese Central Bank, led by Constâncio, was criticized for having allowed this situation for years.Constâncio was appointed vice president of European Central Bank, for an eight-year mandate, in a banking supervision capacity.Shortly after, on 6 April 2011, the Portuguese Government, facing increasing difficulties in securing its financing needs in the international financial markets, formally requested international financial assistance leading to a €78 billion program with equal participation of the European Financial Stabilisation Mechanism, European Financial Stability Facility and International Monetary Fund.".
- Q529992 birthDate "1943-10-12".
- Q529992 birthPlace Q45.
- Q529992 birthPlace Q597.
- Q529992 office "Governor of the Bank of Portugal".
- Q529992 office "Vice President of the European Central Bank".
- Q529992 party Q847263.
- Q529992 predecessor Q164281.
- Q529992 president Q152905.
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- Q529992 successor Q524996.
- Q529992 thumbnail Vítor_Constancio_at_Chatham_House.jpg?width=300.
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- Q529992 birthDate "1943-10-12".
- Q529992 birthPlace Q45.
- Q529992 birthPlace Q597.
- Q529992 name "Vítor Constâncio".
- Q529992 office Q378372.
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- Q529992 termEnd "2010-05-31".
- Q529992 termStart "2010-06-01".
- Q529992 type Person.
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- Q529992 comment "Vítor Manuel Ribeiro Constâncio, GCC, GCIH (born 12 October 1943) is a Portuguese economist and politician, Vice President of the European Central Bank. Constâncio graduated in economics from the Universidade Técnica de Lisboa.He was secretary-general of the Socialist Party from 1986 to 1989. He lost the legislative elections of 19 July 1987, but remained in office.".
- Q529992 label "Vítor Constâncio".
- Q529992 depiction Vítor_Constancio_at_Chatham_House.jpg.
- Q529992 name "Vítor Constâncio".