Portuguese Debt Agency President Soares to Step Down, IGCP Says

Alberto Soares, the head of Portugal’s debt office, will resign at the end of this month after his mandate ended in February, the agency said in an e- mailed statement late yesterday.

The debt agency, known as the IGCP, also said in the statement that a new board will be appointed after the publication of a law giving it new powers.

To contact the reporter on this story: Henrique Almeida in Lisbon at halmeida5@bloomberg.net

To contact the editor responsible for this story: Jerrold Colten at jcolten@bloomberg.net

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