The economist Antonio Cabrales, appointed by the government this Tuesday as the new director of the Bank of Spain, resigned for personal reasons. The professor, who resigned a few hours after the appointment, has not given an official explanation for his departure, although behind the decision, according to the newspaper ‘El Mundo’, is his specific past support for former Catalan minister Clara Ponsatí, escaped from the Spanish judiciary after the illegal referendum on October 1, and former economy minister Andreu Mas-Colell, prosecuted by the Court of Auditors for allegedly embezzling public money to promote the ‘processes’ abroad.
Cabrales had the support of the PP, which, in its pact with the government, emphasized her “undesirable” candidacy and far from partisanship, the newspaper points out. Going beyond support for the pro-independence leaders, Cabrales is said to have decided to step back and leave the position that also had the approval of Bank of Spain governor Pablo Hernández de Cos.
The government reached an agreement in the Council of Ministers on Tuesday on the appointment of Judith Arnal and Antonio Cabrales as new directors of the Bank of Spain, on the proposal of the first Vice President and Minister of Economic Affairs and Digital Transformation, Nadia Calviño.
Source: La Verdad
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