The head of government, Pedro Sánchez, Nadia Calvino's replacement will be named on Friday As head of the Ministry of Economy, he will leave his post once he takes up the position of President of the European Investment Bank (EIB). “I already informed you that the government crisis is this Friday And they will meet the protagonists,” Sánchez told a press conference after the last cabinet meeting of the year.
President Identity not disclosed Whether the incumbent, or whether he is a member of the current administration or someone new, will join, but in his words – while calling the announcement a “government crisis” – It may involve more than one person. Government sources confirmed that the establishment announcement will be made at nine in the morning, followed by the swearing-in ceremony.
One of the names being talked about for the post is the current Minister for Digital Transformation, who held the portfolios of Social Security, Inclusion and Migration in the last Assembly. Jose Luis Escriva. It is also not known whether Calvino's seat occupier will retain the post of first vice president of government. A very sounding second name Gonzalo García AndrésCurrent Secretary of State for Economic and Business Support.
Calvino also left the economics department and assumed the position of first vice president. The right hand is most important In front of the president and everyone else, including the second vice president held by Yolanda Díaz, he had strong disagreements on economic measures.
Calvino has enjoyed his last ministerial meeting After five and a half years as head of economic affairs. He joined Pedro Sánchez's first government in 2018 from the European Commission, where he had served as budget director-general since 2006. During his time in charge of the economic portfolio, his mandate was marked by epidemics. Calvino sees GDP falling by 11.2% in 2020 and rising to 6.4% in 2021 and 5.8% in 2022, following revisions by the National Institute of Statistics (INE) that have been surrounded by criticism. Meanwhile, public debt rose to 120% of GDP during the pandemic year, down from less than 110% already, and post-war inflation in Ukraine has risen to 10.8%.
In this context, he has taken responsibility Negotiate a rescue plan with BrusselsIt is divided between more than 160,000 million euros in transfers and loans, of which 37,300 million transfers have already been received, and the green light from Brussels for almost 95,000 million loans through admission to the program.
Effective January 1, Calvino will assume his position as President of the European Investment Bank (EIB). After Werner HoyFor the next six years R. According to a rule established by the Board of Governors in 1958, the President of the EIB receives the same monthly salary as the President of the European Commission, so Calvino will receive the same as Ursula van der Leyen. About 375,000 euros per yearThis represents a salary of over 30,000 euros per month.
Calvino is moving to Luxembourg to head the EU's investment division. Other Spaniards currently occupying economic positions In the context of social institutions such as Luis de Guindos, Vice President of the ECB; José Manuel Gamba, President of the European Banking Authority (EBA) and Pablo Hernández de Caz, current Governor of the Bank of Spain and Chairman of the Basel Committee on Banking Supervision.
Since its inception, the bank has Seven presidents, all men and none Spanish. Thus, Nadia Calvino will be the first female president of the EIB, which is “a milestone for the institution and for Spain,” according to executive highlights.
