The Spanish government has nominated the Minister of Digital Transformation Escriva as the President of the Central Bank.

On July 11th, Jinshi Data reported that the Spanish government proposed that Jose Luis Escriva, the Minister of Digital Transformation, serve as the President of the Central Bank. The Spanish cabinet and the opposition People’s Party are negotiating the appointment of a new leader to replace the current President of the Spanish Central Bank, De Cos. However, the conservative People’s Party rejected this option, arguing that the candidate for this position should not be a current government official. Carlos Cuerpo, the Spanish Minister of Economy, canceled the plan to announce the candidate for President of the Spanish Central Bank in parliament on Thursday. The Spanish Ministry of Economy said in a statement on Wednesday, ‘The government will continue to work with the People’s Party to reach a protocol on the appointment of the President and Vice President of the Spanish Central Bank.’