Tres razones para confiar en que De Cos puede presidir el BCE
El Gobierno ha hecho oficial su respaldo al ex gobernador, que cuenta con sólidos argumentos técnicos y de trayectoria para lograr llevar a España a la cúpula del banco central. Leer
1. The Spanish government has officially endorsed Pablo Hernández de Cos, a former Spanish governor, as a candidate to lead the European Central Bank (BCE), highlighting his strong technical arguments and experience in the field.
2. The European Central Bank (BCE) has a history of 28 years, with presidents from different countries including the Netherlands, France, and Italy. Now, for the first time, a Spanish candidate is actively pursuing the presidency of the bank.
3. Pablo Hernández de Cos, the manager of the International Payment Bank, is competing to replace Christine Lagarde, who is set to leave her position in October 2027. Unlike in previous cases, his candidacy has real chances of success and could potentially lead Spain to the highest echelons of the monetary authority.
4. On Wednesday, Spanish Prime Minister Pedro Sánchez confirmed in the United States his support for Hernández de Cos' candidacy, solidifying the information that was previously reported by EXPANSIÓN on July 21, indicating he was the chosen candidate for this race.
5. The support from the Spanish government, which has been uncertain in recent months, provides a crucial boost for Hernández de Cos' process, which demands significant political and diplomatic efforts.
6. A significant advantage for Hernández de Cos is his international recognition, as evidenced by his top position in a relevant survey conducted by the Forum of Official Financial Markets and Monetary Institutions (OMFIF).
7. Hernández de Cos is also highly respected in Frankfurt, where he has been a central banker and has extensive experience tied to the European monetary authority. He has served as a member of the Board of Governors during his time as governor of the Bank of Spain, participated in the Working Party on Public Finance at the BCE, and served as an adviser to the Executive Committee.
8. During Luis María Linde's tenure as governor of the Bank of Spain, Hernández de Cos was his alternate at the BCE. Lastly, Spain's economic strength, though facing various vulnerabilities, remains robust with strong macroeconomic growth, making Hernández de Cos a formidable candidate for the presidency.
Written by urgent.news from Expansion ES's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
