Luís Durão Barroso, son of the old Maoist himself, has landed a top job at the struggling Bank of Portugal.
The 31-year old formally was taken on without having to suffer the stress of an interview as no other candidates were sought by Portugal's struggling central bank.
Luís' father is José Manuel Durão Barroso, the 11th and current President of the European Commission.
Young Barroso officially will join the staff of the Bank of Portugal under a 'contract without competition' as he had 'proven competence,' something sadly lacking in the Bank's hallowed corridors and its boardroom.
The post in the Department of Prudential Supervision is his, as he managed to avoid the otherwise obligatory open recruitment process for hiring professionals, formerly a hard and fast rule at the central bank.
Curiously, Luís Barroso already had held the position for about a month in a cunning ruse to employ him without the formality of a contract.
"Luis Barroso was hired without competition for the Prudential Supervision Department. The rule in the bank is for open contests for posts, unless 'proven and recognised professional competence' has been established."
Young Barroso has a law degree and a master's degree from the London School of Economics and has completed two internships in law firms. Hopefully his skills and a political family upbringing will equip him well for the struggle ahead.
