Spain will propose its economy minister Nadia Calvino as a candidate to head the Eurogroup, the government said in a statement on Thursday, becoming the first country to formally announce a candidate.
The Eurogroup’s chairman leads the grouping of 19 euro zone finance ministers, a key decision making body in the currency bloc.
Calvino, who is also a deputy prime minister in Spain’s left-wing coalition government, has been tipped as a front-runner to take on the role by officials in Brussels.
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