Spanish government nominates new central bank governor

Bank of Spain
Luis García

The Spanish conservative prime minister Mariano Rajoy today (May 29) nominated a new governor of the Bank of Spain.

Rajoy’s appointee is Pablo Hernández de Cos, currently director-general of economics, statistics and research at the central bank. He replaces Luis Linde, whose six-year term expires on June 8. King Felipe VI is expected to confirm the appointment later today.

Finance minister Román Escolano announced the nomination at the economics commission of the Spanish parliament. He

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