CALVIÑO SUBSTITUTE | Sánchez reinforces María Jesús Montero and promotes her to the first Vice Presidency

The Minister of Finance Maria Jesus Montero, She will be first vice president of the Government and will coordinate economic affairs after the departure of Nadia Calvinoaccording to Cadena Ser and has been able to confirm The Spanish Newspaper, from the Prensa Ibérica group. This will be one of the changes that Pedro Sánchez announces this Friday with the replacement in the Economy portfolio due to the departure of Calviño to the presidency of the European Investment Bank (EIB), which will be effective on January 1.

Montero thus ascends one more step in your organization chart of the Council of Ministers after having been named fourth vice president in the last Executive. She will be in charge of coordinate the economic policy of the Government, He will reinforce coordination tasks of the Executive and chair the councils of ministers in the absence of Pedro Sánchez.

The new first vice president has to her credit three budgets “in time and form”as she likes to say (those of 2021, 2022 and 2023), put together the Government’s social shield policies and has fought to broaden the country’s fiscal base, imposing taxes on banks, large energy companies or large fortunes, with the PP communities against.

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The reform of the regional financingwhich will be the highlight of a new stage where debt relief from communities will consume the energies of his Ministry.

Montero’s role was key in the negotiations with Junts and ERC in recent months, a stage that was “very hard”, they admitted to those around them, and that opened the curtain on a legislature where negotiation with the rest of the parties of the progressive bloc will be key. The Andalusian will continue to assume that negotiating and coordination role within the Government, with a strong political weight, less technical than Calviño, and now with more stripes in the ranks.

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