Elisa Ferreira
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Elisa Ferreira
Elisa Maria da Costa Guimarães Ferreira, GCC (born 17 October 1955) is a Portuguese politician and economist who has been serving as European Commissioner for Cohesion and Reforms in the administration of President Ursula von der Leyen since 2019. She previously served as vice-governor of the Bank of Portugal from 2016 until 2019. She was as Member of the European Parliament (MEP) for the Socialist Party; part of the Party of European Socialists between 2004 and 2016. In 2019, she was selected by Portugal to serve as a European Commissioner. Political career Member of the Portuguese Government, 1995–2002 Ferreira served as Minister of Environment (1995–1999) and as Minister for Planning (1999–2001) in the government of António Guterres. Member of the European Parliament, 2004–2016 Ferreira was a Member of the European Parliament from the 2004 European election until her resignation in 2016. Throughout her time in parliament, she served as a member of the Committe ...
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Party Of European Socialists
The Party of European Socialists (PES) is a social democratic and progressive European political party. The PES comprises national-level political parties from all member states of the European Union (EU) plus Norway and the United Kingdom. This includes major parties such as the Social Democratic Party of Germany, the French Socialist Party, the British Labour Party, the Italian Democratic Party, Socialist Party (Portugal), Romanian Socialist Democrat Party and the Spanish Socialist Workers' Party. Parties from a number of other European countries and from the Mediterranean region are also admitted to the PES as associate or observer parties. Most member, associate and observer parties are members of the wider Progressive Alliance or Socialist International. The PES is currently led by its president Stefan Löfven, a former Prime Minister of Sweden. Its political group in the European Parliament is the Progressive Alliance of Socialists and Democrats (S&D). The PES also ...
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Single Resolution Mechanism
The Single Resolution Mechanism (SRM) is one of the pillars of the European Union's European Union banking union, banking union. The Single Resolution Mechanism entered into force on 19 August 2014 and is directly responsible for the resolution of the entities and groups directly supervised by the European Central Bank as well as other cross-border groups. The centralised decision making is built around the Single Resolution Board (SRB) consisting of a Chair, a Vice Chair, four permanent members, and the relevant national resolution authorities (those where the bank has its headquarters as well as branches and/or subsidiaries). Upon notification from the ECB that a bank is failing or likely to fail, the Board will adopt a resolution scheme including relevant resolution tools and any use of the Single Resolution Fund, established by the SRM Regulation (EU) No 806/2014. The Single Resolution Fund helps to ensure a uniform administrative practice in the financing of resolution with ...
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Macroeconomic Imbalance Procedure
The Macroeconomic Imbalance Procedure (MIP) was introduced by the European Union in autumn 2011 amidst the economic and financial crisis, and entered into force on 13 December 2011. It is designed to prevent and correct risky macroeconomic developments, such as high current account deficits, unsustainable external indebtedness and housing bubbles. The MIP is part of the EU's so-called " Sixpack" legislation, which aims to reinforce the monitoring and surveillance of macroeconomic policies in the EU and the euro area. Procedure The first step of each yearly round of the MIP is the Alert Mechanism Report prepared by the European Commission. Based on a scoreboard of indicators, which are not interpreted mechanically, the Commission identifies the countries and issues which require In-Depth Reviews for further economic analysis. The Commission also takes into account relevant data beyond the scope of the scoreboard, when selecting countries for in-depth reviews. Based on these in-de ...
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European Voice
''Politico Europe'' (stylized as ''POLITICO Europe'') is the European edition of the German-owned news organization ''Politico'' reporting on political affairs of the European Union. Its headquarters are located in Brussels with additional offices in London, Berlin, Warsaw, Paris, and Frankfurt. In September 2014, ''Politico'' formed a joint venture with German publisher Axel Springer SE to launch its European edition. In December 2014, the joint venture announced its acquisition of ''Development Institute International'', a leading French conference business, and ''European Voice'', a European political newspaper previously part of the Economist Group, to be relaunched under the ''Politico'' brand. Among the participants of the launch event on April 21, 2015, was President of the European Council Donald Tusk and President of the European Parliament Martin Schulz. ''Politico Europe'' debuted with its first print issue two days later, on April 23, 2015. The main sources of revenue ...
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European Central Bank
The European Central Bank (ECB) is the prime component of the monetary Eurosystem and the European System of Central Banks (ESCB) as well as one of seven institutions of the European Union. It is one of the world's Big Four (banking)#International use, most important central banks. The Governing Council of the European Central Bank, ECB Governing Council makes the projects for the monetary policy for the European Union with suggestions and recommendations and to the Eurozone with more direct applications of such policies, it also administers the foreign exchange reserves of EU member states in the Eurozone, engages in foreign exchange operations, and defines the intermediate monetary aims and objectives, and also the common interest rates for the EU. The Executive Board of the European Central Bank, ECB Executive Board makes policies and decisions of the Governing Council, and may give direction to the national central banks, especially when doing so for the Eurozone central ...
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European Parliament Committee On Economic And Monetary Affairs
The Committee on Economic and Monetary Affairs (ECON) is a committee of the European Parliament which is responsible for the regulation of financial services, the free movement of capital and payments, taxation and competition policies, oversight of the European Central Bank, and the international financial system. Since the establishment of the Economic and Monetary Union (EMU), one of the most important function of this committee has been the oversight of the European Central Bank (ECB) through the "monetary dialogue". Although guaranteed independence under the Treaty, the ECB is accountable for its actions towards the European Parliament, and more precisely the ECON Committee. Every three months, the President of the ECB, or occasionally another member of the ECB's executive board, appears before the Committee to report on monetary policy and answer question from MEPs. These proceedings, usually called the "monetary dialogue", are webstreamed and a transcript is made available ...
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2004 European Parliament Election In Portugal
The 2004 European Parliament election in Portugal was the election of MEPs representing Portugal for the 2004-2009 term of the European Parliament. It was part of the wider 2004 European election. In Portugal the election was held on 13 June. The Socialist Party (PS) was the big winner of the elections, achieving their best result in a European election ever. The party won 44.5% of the votes, an increase of 1.5%, and held on to the 12 seats won in 1999. However the Socialist victory, and the campaign overall, was overshadowed by the sudden death of the PS top candidate, António Sousa Franco. Sousa Franco died of a heart attack while campaigning in Matosinhos, just four days before election day. António Costa, number 2 on the list, became the Socialists' top candidate after Sousa Franco's death. The Social Democrats (PSD) and the People's Party (CDS–PP) contested the election in a coalition called "Forward Portugal" (FP). The coalition had a very weak performance, winning j ...
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List Of Prime Ministers Of Portugal
The prime minister of the Portuguese Republic ( pt, primeiro-ministro da República Portuguesa) is the head of the Government of Portugal. They coordinate the actions of all ministers, represent the Government as a whole, report their actions and is accountable to the Assembly of the Republic (Portugal), Assembly of the Republic, and keep the President of Portugal, president of the Republic informed. There is no limit to the number of mandates as prime minister. They are appointed by the president of the Republic, after the legislative elections and after an audience with every leader of a party represented at the Assembly. It is usual for the leader of the party which receives a Plurality (voting), plurality of votes in the elections to be named prime minister. The official residence of the prime minister is a mansion next to São Bento Palace, which, in confusion, is also often called "São Bento Palace", although many prime ministers did not live in the palace during their f ...
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Ministry Of Environment (Portugal)
The Ministry of Environment and Climate Action ( pt, Ministério do Ambiente e Ação Climática) is a Portuguese government ministry. External links * Portugal Environment Environment most often refers to: __NOTOC__ * Natural environment, all living and non-living things occurring naturally * Biophysical environment, the physical and biological factors along with their chemical interactions that affect an organism or ...
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European Commission
The European Commission (EC) is the executive of the European Union (EU). It operates as a cabinet government, with 27 members of the Commission (informally known as "Commissioners") headed by a President. It includes an administrative body of about 32,000 European civil servants. The Commission is divided into departments known as Directorates-General (DGs) that can be likened to departments or ministries each headed by a Director-General who is responsible to a Commissioner. There is one member per member state, but members are bound by their oath of office to represent the general interest of the EU as a whole rather than their home state. The Commission President (currently Ursula von der Leyen) is proposed by the European Council (the 27 heads of state/governments) and elected by the European Parliament. The Council of the European Union then nominates the other members of the Commission in agreement with the nominated President, and the 27 members as a team are then ...
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Banco De Portugal
The Banco de Portugal (English: Bank of Portugal) is the central bank of the Portuguese Republic. The bank was founded by royal charter in 1846, during the reign of Queen Maria II of Portugal, by a merger of the '' Banco de Lisboa'' (Bank of Lisbon), the first bank founded in Portugal, and the ''Companhia Confiança Nacional'' (National Insurance Company), making it one of the oldest banks in continuous operation in the world. It is a full member of the Eurosystem and the European System of Central Banks. History Foundation Queen Maria II of Portugal established the bank by royal charter on 19 November 1846 to act as a commercial bank and issuing bank, it came about as the result of a merger of the Banco de Lisboa, the first bank founded in Portugal, and the Companhia de Confiança Nacional, an investment company specialised in the financing of the public debt. The bank was designated by the Portuguese Crown as the emitter of legal tender, at the time the Portuguese real, wh ...
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