June 9, 2020 / 11:43 AM / 2 months ago

Portugal finance minister Mario Centeno to resign, president says

June 9 (Reuters) - Portugal’s Finance Minister Mario Centeno, credited with reversing long-standing austerity policies while also achieving the country’s first budget surplus in 45 years, will resign on June 15, the president said on Tuesday.

In a statement published online, President Marcelo Rebelo de Sousa said Centeno will be replaced by Joao Leao, currently serving as budget secretary of state. (Reporting by Victoria Waldersee, Catarina Demony; Editing by Jon Boyle)

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