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Portugal’s central bank governor Mário Centeno is facing an ethics review by an independent watchdog after he was proposed as the next prime minister by outgoing Socialist premier António Costa, who quit last week over a corruption scandal.

Costa, who resigned hours after a number of arrests and police raids in a probe over alleged corruption among public officials, had urged Portugal’s president to appoint Centeno, a former finance minister, to replace him rather than call new elections.

The president, Marcelo Rebelo de Sousa, rejected the idea and announced on Thursday night that he would dissolve parliament at the end of November and call a general election for March 10.

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