Fernando Teixeira dos Santos

{{Short description|Portuguese economist and academic (born 1951)}}

{{Infobox officeholder

| name = Fernando Teixeira dos Santos

| honorific-suffix = GOIH

| image = Teixeira dos Santos-2.jpg

| office = Minister of Finance
Minister of State

| president = Jorge Sampaio
Aníbal Cavaco Silva

| primeminister = José Sócrates

| predecessor = Luís Campos e Cunha

| successor = Vítor Gaspar

| term_start = 21 July 2005

| term_end = 21 June 2011

| office2 = Secretary of State for Treasury and Finance

| president2 = Mário Soares
Jorge Sampaio

| primeminister2 = António Guterres

| predecessor2 = Walter Marques (Treasury)
Francisco Esteves de Carvalho (Finance)

| successor2 = António Nogueira Leite

| term_start2 = 30 October 1995

| term_end2 = 25 October 1999

| birth_date = {{Birth date and age|1951|9|13}}

| birth_place = Maia, Portugal

| party = Independent

| nationality = Portuguese

| profession = Economist
Professor

| spouse = Maria Clementina Pereira Nunes

| children = 2

| alma_mater = University of Porto
University of South Carolina

| religion =

| website =

| footnotes =

| signature = Assinatura Teixeira dos Santos.svg

}}

Fernando Teixeira dos Santos (born September 13, 1951) GOIH is a Portuguese economist and professor. He was Minister of Finance in the XVII and XVIII Constitutional Government of Portugal, led by José Sócrates.

Career

Teixeira dos Santos has a degree in Economics by the University of Porto (1973), and a PhD in Economics by the University of South Carolina (1985). He embraced an academic career as university professor in the Faculdade de Economia da Universidade do Porto (FEP) (Economics School of the University of Porto).

He presided over the stock exchange authority of Portugal, the Comissão do Mercado de Valores Mobiliários (CMVM), until he received an invitation to enter the Portuguese government led by José Sócrates. He had been also the Secretary of State in the socialist governments of Prime Minister António Guterres. After had been Minister of Finances in the José Sócrates' cabinet, in 2011 he returned to his duties at the University of Porto's FEP.

Minister

In July 2005, Prime Minister José Sócrates made a request to President of the Republic Jorge Sampaio for the resignation of the Minister of Finance, Luís Campos e Cunha, for reasons of a personal nature, family and fatigue, according to an official source. This same source also added that the Prime Minister, Jose Sócrates, "at the same time" proposed the nomination of Fernando Teixeira Dos Santos as minister of Finances to the President of the Republic, Jorge Sampaio. Minister of Finances Teixeira dos Santos was pivotal as the highest-ranked officer of the country, involved in the management of all the issues related to the Portuguese sovereign debt crisis. As the months went on the Portuguese debt crisis got worse, an International Monetary Fund rescue plan was put in place, and the Sócrates' cabinet was dissolved. The Socialists were ousted from the Portuguese Government after the 2011 Portuguese legislative election and Teixeira dos Santos returned to his academic career at the University of Porto.

Duties in the Government of Portugal

Other activities

Recognition

  • 80px Grand Officer of the Order of Prince Henry, Portugal (28 June 2005){{cite web|title=Cidadãos Nacionais Agraciados com Ordens Portuguesas|url=http://www.ordens.presidencia.pt/?idc=153|website=Página Oficial das Ordens Honoríficas Portuguesas|accessdate=31 July 2017}}
  • 80px Grand-Cross of the Order of Christ, Portugal (9 June 2015)

Personal life

Teixeira dos Santos is married to Maria Clementina Pereira Nunes with whom he had two children.{{in lang|pt}} [http://www.fep.up.pt/docentes/ftsantos/biografia.htm Biografia], FEP, University of Porto

Notes

The title Minister of State is attributed to ministers that have a role similar to deputy Prime Minister.

References

{{reflist|3}}