Nadia Calviño, first vice president of the government of Spain, obtains the necessary support to preside over the European Investment Bank

Last 8th of December, Nadia Calviño, current first vice president and minister of Economy, Commerce and Business of Spain, has secured the support of the ministers of Economy and Finance of the European Union and the governors of the European Investment Bank (EIB) to preside over this institution, considered the largest multilateral financial institution in the world. This support, communicated by the Belgian Minister of Finance, Vincent Van Peteghem, in charge of the election process as rotating president of the EIB Board of Governors, represents a milestone for Spain in multilateral international organizations.

If confirmed, Calviño would be the first female president of the EIB, succeeding the German Werner Hoyer, who has held the presidency since 2012. This position would allow her to lead an entity crucial to financing both public and private investments in Europe, focused on development of new technologies and the promotion of the double green and digital transition. Furthermore, she would play a key role in financing the reconstruction of Ukraine.

The EIB, as the financial arm of the European Union and one of the most important financial institutions globally, plays a strategic role in financing investments in the EU, financial support to Ukraine and other international investments. In addition, it will be crucial in managing part of the loans from the Next Generation EU program.

Calviño, has chaired the International Monetary and Financial Committee of the International Monetary Fund (IMF) and has played a fundamental role in the acquisition and deployment of the European Next Generation EU funds.

From the International Alerts and Tenders Service of the Confederation of Businessmen of Galicia we wish the best of luck to Nadia Calviño from A Coruña.

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