European Union | Calviño defends that his candidacy for the European Investment Bank is a “unique opportunity” for Spain

2023-08-14 10:16:41

Acting First Vice President, Nadia Calvinohas defended this Monday that its application to the European Investment Bank (AT) is a “unique opportunity” for Spain to access a “first level position” that is “fundamental” for the financing of “large investment projects”.

“It is very good news for Spain that we can present a strong candidacy to the EIB”, the acting Minister of Economic Affairs also celebrated in an interview on TVE, in which she pointed out that for her it is “an honor” that the candidacy bear his name.

Calviño has reiterated that, after carrying out “informal contacts” with other economic ministers of the European Union, as well as with prime ministers and presidents, “It was very clear that Spain only had a chance of success” if she was the candidate.

“In an economic context like the one we have, with such an important investment for the future, for the green and digital transformation of our economy (…) it is more important than ever for the EIB to have the best management and is up to what Europe needs“, has settled the vice president.

Asked about the situation in the tourism sector, Calviño pointed out that summer “feels very good” to the Spanish economywhich has a “good rhythm”, with job creation that “continues to be positive”.

The head of Economic Affairs has indicated, regarding prices in the sector, that their rise is explained byr the way out of the pandemicwhile it was “the sector that suffered the most” and, therefore, tries to “recover profit margins”, although it has added that they have already recovered, but that they are also affected by the rise in general prices and the “recovery of wages”.

Regarding food prices, Calviño has defended the measures implemented by the Government, which have involved the mobilization of “45,000 million euros of public resources”.

However, he has indicated that many factors affect the price of food, which is why the Executive remains “vigilant” to take the “most effective measures at all times” to support citizens and companies and get out of a time of high inflation that Calviño considers that he is “leaving himself behind”.