Apparently his punctual support in the past for former Catalan councilors Ponsatí and Mas-Collell, involved in the ‘trials’, would have weighed on the decision
The economist Antonio Cabrales, appointed by the government this Tuesday as the new director of the Bank of Spain, has resigned for personal reasons. The Council of Ministers, together with Judith Arnal, former chief of staff of the First Vice President and Minister of Economy, Nadia Calviño, had given the green light for his entry into the supervisory body.
The professor, who resigned a few hours after the appointment, has not given an official explanation for his departure, according to Europa Press. However, El Mundo points out that behind his unexpected change of position would be his specific support in the past for former Catalan minister Clara Ponsatí, who fled the Spanish justice system after the illegal referendum on October 1, as well as for the former economy minister Andrew Mas. -Colell, prosecuted by the Court of Auditors for alleged misappropriation of public money to promote the ‘processes’ abroad.
Cabrales had the support of the PP for his appointment as an adviser, who emphasized his “impeccable” candidacy and far from partiality. However, after transcending support for the pro-independence leaders, Cabrales is said to have decided to step back and leave a position for which he also received the approval of the Bank of Spain governor himself, Pablo Hernández de Cos.
Antonio Cabrales, along with Judith Arnal, would replace Fernando Eguidazu (appointed by the PP at the time) and Carmen Alonso (elected by the PSOE), whose term as director of the national body for the financial system expired in early February.
Whoever would become the new director of the Bank of Spain is a doctor of economics from the University of California and a professor at Carlos III University. He was also Professor and Director of the Department of Economics at University College London and Professor at the Universitat Pompeu Fabra in Barcelona.
He is also executive vice president of the European Economic Association and former president of the Spanish Economic Association. At a professional level, he works in the economics of social networks, and design and mechanisms, learning and evolution games, experimental and behavioral economics, and industrial organization.
He is also an associate editor of the Journal of Economic Theory and formerly of the Berkeley Electronic Journal of Economic Analysis and Policy and Economic Research. In the same media field, he was associate editor of the Journal of the European Economic Association and SERIES.
Source: La Verdad
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
