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Spanish Economy Minister Nadia Calviño is to become the new president of the European Investment Bank (EIB). The finance ministers of the 27 European Union states agreed on the appointment, Belgian Finance Minister Vincent Van Peteghem said on Friday in Brussels. Calviño, who has served as Spain’s economy minister since 2018, is credited with having steered her country’s economy successfully through the battering inflicted by the Covid-19 crisis. Spain has one of the lowest inflation rates in the eurozone. Calviño is the first woman to head the EIB, which is based in Luxembourg. The EIB is the…

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