Spain Premier Names Treasury Head Cuerpo as Economy Minister (2)

Spanish Prime Minister Pedro Sanchez appointed treasury head Carlos Cuerpo to be his new economy minister as growth slows and the government tries to roll back some household-support policies after inflation eased.

Cuerpo, 43, will take over from Nadia Calvino, who’s stepping down after five-and-a-half years to run the European Investment Bank. As secretary general of Spain’s treasury since 2021, Cuerpo was already working in the economy ministry under Calvino.

Besides overseeing government debt management and financial regulation, Cuerpo’s role also involved Spain’s participation in meetings of European Union finance ministers. The economist previously worked as a top ...