Sanchez Defends Escriva's Credentials for Spain's Central Bank.

Spanish Prime Minister Pedro Sanchez defended Digital Transformation Minister Jose Luis Escriva's economic credentials, but did not endorse him as the next central bank governor. Sanchez praised Escriva's knowledge of monetary policy and stated that few people in Spain have his expertise. The appointment of the Bank of Spain chief has been delayed as the government and the conservative People's Party negotiate on who to select for the position. The government had suggested Escriva as governor, but the opposition party objected to his strong political ties. [Extracted from the article]

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