292:
33:
331:
While Leão was at
Ministry of Finance, Portugal achieved in 2019 the first budget surplus of the 45 years of the country's democratic history. During this period, between 2015 and 2022, Portugal was the second country in the EU that the decreased the most its budget deficit from 4,4% to 0,3% and the
335:
After the peak of the pandemic in 2021, While Leão was
Minister of Finance, Portugal was also among the first group of Euro area countries to reach a budget deficit below the European limit of 3%. Portugal's fiscal deficit fell from 5,8% in 2020 to 0.3% of GDP in 2022, significantly better than the
336:
budget deficit in the eurozone of 3.6% of GDP. Meanwhile, the decline in
Portugal's debt ratio was the third largest in the eurozone between 2020 and 2022. Debt-to-GDP fell 21 p.p. in those 2 years, compared with an average decline of 5.6 p.p. in the eurozone.
865:
347:; his candidacy was later endorsed by the French government and later achieved the majority of the weighted votes in the July 2022 meeting of Board of Governors of the ESM. The nomination process narrowed to Leão and
506:
271:
In 2024 Leão was appointed by the
Council of the European Union as the Portuguese Member of the European Court of the Auditors, after a hearing and the endorsement of the European Parliament.
685:
872:
328:, proposing 2,000 job cuts by 2022, pay cuts of up to 25% and 2 billion euros ($ 2.46 billion) in extra funds with state guarantees to cover financing needs until 2024.
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236:
44:
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561:
325:
277:
In 2021 he was elected
President of the Board of Governors European Bank for Reconstruction and Development.
1231:
731:
453:"Court of Auditors: MEPs back new Portuguese and Swedish candidates | News | European Parliament"
371:
344:
1363:
850:
686:"João Leão foi o mais votado, mas não chegou para ganhar a corrida ao Mecanismo Europeu de Estabilidade"
543:
890:
802:
783:
188:
1174:
719:
391:
365:
1307:
562:"Euro area government deficit at 3.6% and EU at 3.4% of GDP - Products Euro Indicators - Eurostat"
986:
466:
1288:
1358:
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397:
291:
252:
198:
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652:
295:
Leão
Chairing an Ecofin Meeting in 2021. With Christine Lagarde and other EU Finance Ministers
525:
Exclusive: Portugal confident it will get EU green light for TAP rescue plan in first quarter
675:://www.politico.eu/article/italy-backs-out-of-race-for-bailout-fund-chief-ahead-of-key-vote/
1353:
954:
668:
232:
215:
8:
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306:
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He was
Director-General of Research Office of the Ministry of Economy from 2010 to 2014.
202:
1098:
1193:
32:
1250:
1002:
976:
944:
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918:
211:
351:, but both pulled out in September 2022 having failed to secure the votes required.
790:
761:
425:
321:
260:
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1012:
960:
897:
825:
299:
Leão previously served as
Secretary of State for the Budget from 2015 until 2020.
240:
119:
79:
67:
1117:
1056:
842:
768:
672:
634:
616:
348:
91:
524:
467:"Informal video conference of economic and finance ministers, 16 February 2021"
320:
As
Minister of Finance, Leão oversaw the government's overhaul plan for ailing
1327:
1269:
1155:
340:
251:
Leão was born in Lisbon in 1974. He completed his BSc degree in economics in
1212:
880:
613:
From patient to doctor: Portugal makes bid to lead the bloc’s bailout fund
805:
431:
309:, Leão was a member of the Economic and Social Council, working in the
703:
178:
529:
510:
587:"Fitch Revises Portugal's Outlook to Positive; Affirms at 'BBB'"
412:(EBRD), Ex-Officio Member of the Board of Governors (2020–2022)
406:(AIIB), Ex-Officio Member of the Board of Governors (2020–2022)
394:(AfDB), Ex-Officio Member of the Board of Governors (2020–2022)
174:
418:(IIC), Ex-Officio Member of the Board of Governors (2020–2022)
400:(ADB), Ex-Officio Member of the Board of Governors (2020–2022)
368:(EIB), Ex-Officio Member of the Board of Governors (2020–2022)
482:"Portugal Finance Chief and Eurogroup Chair Quits Government"
274:
He was
Minister of State and Finance between 2020 and 2022.
631:
Finance ministers narrow options for eurozone bailout chief
544:"Portugal ends 2019 with budget surplus of 0.2% of GDP-INE"
314:
16:
Portuguese economist, university professor, and politician
434:, Ex-Officio Member of the Board of Governors (2020–2022)
428:, Ex-Officio Member of the Board of Governors (2020–2022)
523:
Sergio Goncalves and Ingrid Melander (January 7, 2021),
332:
third country that decreased the most its public debt.
255:. Later, he went on to obtain a PhD in economics at the
505:
Victoria Waldersee and Catarina Demony (9 June 2020),
1092:
Modernisation of the State and Public Administration
665:
649:
Finanzmarkt: Wer wird Herr über 414 Milliarden Euro?
479:
700:
Eurozone bailout job vacant as economic clouds loom
374:(ESM), Member of the Board of Governors (2020–2022)
339:In 2022, Leão became Portugal’s nominee to succeed
231:(born 15 February 1974) is a Portuguese economist,
1325:
750:European Bank for Reconstruction and Development
507:Portugal's finance minister Centeno to step down
410:European Bank for Reconstruction and Development
386:European Bank for Reconstruction and Development
866:
246:
882:XXII Constitutional Government of Portugal
873:
859:
259:(MIT) in 2008. His PhD thesis advisor was
31:
284:(ECOFIN) when Portugal held the rotating
1148:Science, Technology and Higher Education
787:Multilateral Investment Guarantee Agency
422:Multilateral Investment Guarantee Agency
290:
109:26 November 2015 – 15 June 2020
384:Chair of the Board of Governors of the
243:of Portugal, sworn in on 15 June 2020.
1326:
1186:Labour, Solidarity and Social Security
282:Economic and Financial Affairs Council
854:
772:Inter-American Investment Corporation
416:Inter-American Investment Corporation
257:Massachusetts Institute of Technology
208:Massachusetts Institute of Technology
57:15 June 2020 – 30 March 2022
735:Asian Infrastructure Investment Bank
480:The Associated Press (9 June 2020).
404:Asian Infrastructure Investment Bank
239:in the government of Prime Minister
354:
13:
1339:21st-century Portuguese economists
286:presidency of the European Council
14:
1375:
1349:Portuguese people of Goan descent
313:and serving as a delegate to the
280:Leão chaired the meetings of the
98:Secretary of State for the Budget
796:
777:
755:
740:
725:
710:
692:
678:
659:
641:
623:
288:in the first semester of 2021.
235:, and politician. He served as
229:João Rodrigo Reis Carvalho Leão
159:João Rodrigo Reis Carvalho Leão
1224:Environment and Climate Action
914:Economy and Digital Transition
605:
579:
554:
536:
517:
499:
473:
459:
445:
1:
1334:Finance ministers of Portugal
438:
698:Björn Finke (16 June 2022),
647:Björn Finke (16 June 2022),
372:European Stability Mechanism
360:European Union organizations
345:European Stability Mechanism
343:as Managing Director of the
263:, Nobel Prize in Economics.
7:
629:Paola Tamma (23 May 2022),
611:Paola Tamma (23 May 2022),
379:International organizations
10:
1380:
1243:Infrastructure and Housing
1232:João Pedro Matos Fernandes
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305:In the government led by
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61:
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720:European Investment Bank
392:African Development Bank
366:European Investment Bank
253:Nova School of Economics
247:Early life and education
1175:Tiago Brandão Rodrigues
1049:Internal Administration
987:Mariana Vieira da Silva
767:4 November 2018 at the
311:Ministry of the Economy
1344:Portuguese politicians
671:19 August 2013 at the
398:Asian Development Bank
296:
199:NOVA University Lisbon
1308:Ricardo Serrão Santos
294:
131:Hélder Gomes dos Reis
1289:Maria do Céu Antunes
1262:Territorial Cohesion
955:Augusto Santos Silva
233:university professor
1082:Francisca Van Dunem
1063:Francisca Van Dunem
1038:João Gomes Cravinho
833:Minister of Finance
653:Süddeutsche Zeitung
455:. 12 December 2023.
307:Pedro Passos Coelho
237:Minister of Finance
45:Minister of Finance
1364:People from Lisbon
1194:Ana Mendes Godinho
818:Political offices
803:Board of Governors
784:Board of Governors
762:Board of Governors
747:Board of Governors
732:Board of Governors
717:Board of Governors
486:The New York Times
297:
1321:
1320:
1317:
1316:
1251:Pedro Nuno Santos
1003:Minister of State
977:Minister of State
945:Minister of State
929:Pedro Siza Vieira
919:Minister of State
849:
848:
840:Succeeded by
707:, 7 October 2022.
666:https://www.https
326:COVID-19 pandemic
226:
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1371:
1300:Maritime Affairs
1099:Alexandra Leitão
1030:National Defence
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823:Preceded by
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550:. 25 March 2020.
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426:World Bank Group
355:Other activities
322:TAP Air Portugal
261:Abhijit Banerjee
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169:15 February 1974
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150:Personal details
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1013:Mário Centeno
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961:António Costa
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898:António Costa
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826:Mário Centeno
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591:Fitch Ratings
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120:António Costa
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80:Mário Centeno
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68:António Costa
66:
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22:
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595:. Retrieved
593:. 6 May 2022
590:
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569:. Retrieved
566:ec.europa.eu
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137:Succeeded by
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1354:1974 births
1310:(2019–2022)
1291:(2019–2022)
1281:Agriculture
1272:(2019–2022)
1253:(2019–2022)
1234:(2019–2022)
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1040:(2019–2022)
1021:(2020–2022)
1015:(2019–2020)
989:(2019–2022)
957:(2019–2022)
931:(2019–2022)
884:(2019–2022)
127:Preceded by
75:Preceded by
1328:Categories
972:Presidency
837:2020–2022
806:World Bank
597:5 December
571:5 December
439:References
432:World Bank
165:1974-02-15
1167:Education
1019:João Leão
906:Ministers
388:2021-2022
324:amid the
195:Education
189:Socialist
105:In office
53:In office
25:João Leão
1110:Planning
789:(MIGA),
765:Archived
704:Euractiv
669:Archived
424:(MIGA),
179:Portugal
1129:Culture
1074:Justice
998:Finance
752:(EBRD).
737:(AIIB).
548:Reuters
530:Reuters
511:Reuters
491:10 June
1205:Health
963:(2022)
774:(IIC).
722:(EIB).
527:
267:Career
175:Lisbon
599:2023
573:2023
493:2020
315:OECD
155:Born
216:PhD
1330::
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564:.
546:.
484:.
317:.
214:,
212:MS
203:BS
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
