Calvio bets that he will “succeed in the EIB” but already assumes that he will not be able to achieve it this week

by time news

2023-09-14 10:32:33

Updated Thursday, September 14, 2023 – 10:32

The vice president does not regret that her candidacy coincided with that of the defeated Delgado: “The more Spanish candidates, the more likely that one will fall”

The first vice president of the Government, Nadia Calvio, this WednesdayZIPIEFE

The acting first vice president of the Government, Nadia Calviois optimistic about achieving the presidency of the European Investment Bank (EIB) in his first statements after the defeat of the other Spanish candidacy of the moment for a European position, that of Margarita Delgado. “I think we are going to succeed in the EIB process,” he declared to TVE. However, she has assumed that the election of the new president of this institution is not going to occur when she expected, at the informal meeting of EU finance ministers this weekend in Santiago de Compostela. “Very likely there will simply be information about how the process is going,” she said, emphasizing the importance of her rivals, who include the vice president of the European Commission, Margrethe Vestager and the former Italian minister Daniele Franco.

The vice president has avoided criticizing or regretting that the European Central Bank has chosen the German one this Wednesday Claudia Buch in front of the deputy governor of the Bank of Spain. Margarita Delgado, to preside over the Single Banking Supervision Mechanism, despite the fact that it occurs against the criteria of the European Parliament. However, she has stressed that “the process is not over.” “Let’s see what the European Parliament says”, has assured in reference to the fact that the Economic Affairs Committee of the Eurochamber unanimously asked the ECB to choose Delgado and not Buch. The vice president of this commission, the MEP from Ciudadanos Eva Poptcheva, has stated to EL MUNDO that there is a possibility of a veto. The Spanish socialists have not reacted so far.

In any case, Calvio has praised the “excellent” deputy governor and has assured that he supported Delgado running for the position because “The more Spanish candidates there are, the more likely it is that one will fall.” And, in fact, after Delgado ran for the supervisory authority and lost, Calvio has more chances of getting the EIB. Everything indicates that the decision of the Finance Ministers will be postponed until at least the end of October, once the final outcome of Buch’s candidacy is known and the support of Calvio, Vestager and Franco emerges more clearly.

On the other hand, Calvio has been against the ECB deciding this Thursday on a new rate increase, but has also been respectful of its powers: “In the case of the Spanish economy, one would say that it is no longer necessary to take more measures to combat inflation, although we have the challenge of food prices. But it is also true that there are other European countries that have inflation that is still very high.” In his opinion, “this is the difficulty for the ECB to get it right: that it has to make a decision that is good for both Spain, which has inflation “lower, as for other countries that may still be experiencing much higher inflation.”

Regarding the meteoric rise in olive oil, Calvio has cooled the idea that speculation in the distribution sector influences it. “We are not aware that there is speculation”has manifested.

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