Joaquim Miranda Sarmento

Joaquim Miranda Sarmento is the current Economy Minister of Portugal. He is newsworthy due to Portugal's involvement in recent international economic discussions and decisions. Specifically, Portugal, along with Spain, Germany, Italy, and Austria, formally requested the European Commission to create a coordinated tax on the extraordinary profits of energy companies. This request aims to alleviate the economic impact of rising oil prices following escalating conflicts in the Middle East and tensions with Iran. Additionally, the Portuguese government is currently overseeing the privatization process of its national airline, TAP. While IAG (parent company of Iberia) withdrew from bidding for a minority stake in TAP, Air France-KLM and Lufthansa remain in contention. Sarmento's role is significant as he navigates Portugal's economic policies amidst global energy market volatility and the strategic privatization of a key national asset.