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Spanish Minister of Economy, candidate to preside over the European Investment Bank

Spanish Minister of Economy, candidate to preside over the European Investment Bank

The economy minister Spanish, Nadia Calviño, will be her country’s candidate for the presidency of the European Investment Bank (EIB), she announced herself this Saturday.

It is a great honor and pride that our country can present a strong candidacy and have the maximum options for, for the first time in our history, holding the presidency of the European Investment Bank” (BEI), Calviño told the press in Cádiz (south).

Created in 1958 and based in Luxembourg, the EIB Grants funding for projects that contribute to achieving the objectives of the EUboth inside and outside of it”, explains this institution on its website.

Calviño, who is also acting first vice president of the Spanish government, will compete, among others, with the European Commissioner for Competition, Margrethe Vestager, proposed by her country, Denmark.

The replacement for the German Werner Hoyer at the head of the institution will be decided in mid-September at a meeting of the European Ministers of Economy and Finance (Ecofin) in the Spanish city of Santiago de Compostela (northwest).

Calviño, 54, is an economist with extensive experience in European institutions, for which she worked from 2006 until she became Minister of Economic Affairs of the Spanish government in 2018.

Currently, he holds the acting position, after the Spanish general elections on July 23, after which the socialist president Pedro Sánchez could revalidate his position if he obtains the parliamentary support of the Catalan and Basque nationalist parties.

With information from AFP

Source: Gestion

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