Nadia Calviño to become new president of the European Investment Bank
2023/12/08
Spanish Economy Minister Nadia Calvino rings a bell during the economic and financial affairs council. The finance ministers of the 27 European Union states agreed on the appointment of Calvino as president of the European Investment Bank (EIB), Belgian Finance Minister Vincent Van Peteghem said on 08 December.
Alexandros Michailidis/EU Council/dpa
Spanish Economy Minister Nadia Calviño is to become the new president of the European Investment Bank (EIB).
The finance ministers of the 27 European Union states agreed on the appointment, Belgian Finance Minister Vincent Van Peteghem said on Friday in Brussels.
Calviño, who has served as Spain's economy minister since 2018, is credited with having steered her country's economy successfully through the battering inflicted by the Covid-19 crisis. Spain has one of the lowest inflation rates in the eurozone.
Calviño is the first woman to head the EIB, which is based in Luxembourg.
The EIB is the EU institution in charge of long-term financing and is owned by the bloc's member states.
The bank's role is to finance investments that contribute to EU policy objectives, like more sustainable national economies.
In 2022, the bank signed a total of €65.1 billion ($70.8 billion) in financing.
© Deutsche Presse-Agentur GmbH
Spanish Economy Minister Nadia Calviño is to become the new president of the European Investment Bank (EIB).
The finance ministers of the 27 European Union states agreed on the appointment, Belgian Finance Minister Vincent Van Peteghem said on Friday in Brussels.
Calviño, who has served as Spain's economy minister since 2018, is credited with having steered her country's economy successfully through the battering inflicted by the Covid-19 crisis. Spain has one of the lowest inflation rates in the eurozone.
Calviño is the first woman to head the EIB, which is based in Luxembourg.
The EIB is the EU institution in charge of long-term financing and is owned by the bloc's member states.
The bank's role is to finance investments that contribute to EU policy objectives, like more sustainable national economies.
In 2022, the bank signed a total of €65.1 billion ($70.8 billion) in financing.
© Deutsche Presse-Agentur GmbH
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