As announced on 29 November 2013, the Board of Directors of Banco de Portugal decided to create an independent commission, chaired by Professor Vítor Gaspar, to assess the activities of the Economics and Research Department (DEE). The commission will produce recommendations on the DEE’s strategic repositioning, mission and resulting organisation.

In addition to the chairman, the commission comprises three other members: Professor João Santos, Professor Ricardo Reis and Professor Fátima Barros.

The final report of the commission will be submitted by 30 June 2014 and will be published.

Lisbon, 26 December 2013