Carlos Cuerpo replaces Nadia Calviño, inheriting an economy that needs to face severe economic adjustments, control inflation, and reduce the deficit committed to Brussels.
Cuerpo also needs to adapt the Spanish economy to the new European fiscal rules and refinance a debt of 140,000 million euros.
He faces challenges at a time of uncertainty, as 2024 is expected to be a complicated year for the Spanish economy.
The article suggests a possible parallel with the substitution of Solbes by Salgado in 2009, which marked the beginning of a major economic crisis.
Unlike Salgado, Cuerpo has a more technical profile, but his political and international weight is less than Calviño's.
Cuerpo has to face populist and high public spending policies and maintain the confidence of the business sector.
Conclusion: The appointment of Cuerpo raises questions about how he will handle the economic challenges and current political pressure, given the growing uncertainty about the Spanish economy.