Spain's finance minister to run for European Investment Bank top job

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The Spanish government has put forward its finance minister, Nadia Calvino, as a candidate to lead the European Union's lending arm, the European Investment Bank (EIB), a Spanish government official told Reuters on Friday.

EU antitrust chief Margrethe Vestager, known for her crackdown and hefty fines meted out to Big Tech for anti-competitive practices, is alsoThe EIB provides billions of euros for multiple projects. Its head Werner Hoyer was reappointed in 2018 for a second term which ends in January.

Calvino has been Spain's finance minister since 2018 and chairs the International Monetary and Financial Committee of the International Monetary Fund.

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