LISBON (Reuters) - Portuguese finance minister Mario Centeno said on Thursday he felt he had a good chance of becoming the head of the Eurogroup after constructive talks with France and Germany and gaining support from Europe's social democrats.
Some observers have said, however, that Centeno's candidacy would be undermined by the fact that Portugal had only exited its three-year bailout in 2014. Centeno said that should not reduce his chances as Portugal's Socialist government had "persistently proven the credibility of its public accounts, stabilized the financial system and met all budget targets."