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Spanish Economy Minister Nadia Calvino appointed president of the EIB

Calvino will be the first woman to hold this position since the foundation of the European Investment Bank in 1985


© Agenzia Nova - Reproduction reserved

The Spanish Economy Minister, Nadia Calvino, will be the next president of the European Investment Bank (EIB). The Spanish candidate was chosen today by European Economy and Finance ministers after a process that required several months of negotiations. Calvino will be the first woman to hold this position since the foundation of the EIB in 1985. The informal selection process for the replacement of the German Werner Hoyer was concluded today, while the formal appointment should be completed by the end of the year.

The support of the Finance Ministers for Spain's candidacy for the presidency of the European Investment Bank (EIB) is one “very good news” for the country and confirms the appreciation, respect and leadership of Madrid in the European and international context which has been achieved with hard and intense work in recent years. This was said by the Spanish Minister of Economy, Nadia Calvino, when praising her appointment as head of the EIB which took place today. “It is a fundamental institution for the European economy and which will have an even more important role in the future to finance the green transition, the reconstruction of Ukraine and strengthen Europe's role in the world,” Calvino said in some brief statements in Brussels.

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