Arcadi España

Arcadi España is the new Minister of Finance in Spain, appointed in a recent government reshuffle by Prime Minister Pedro Sánchez. Previously serving in a less prominent role, his appointment is seen as a surprise move. This change is part of a broader restructuring where Carlos Cuerpo was promoted to First Vice President, replacing María Jesús Montero. España's background is rooted in Valencian politics, where he worked closely with Ximo Puig, focusing on regional development and management. His selection is interpreted as Sánchez prioritizing loyalty and experience within the party, potentially over appointing someone without strong PSOE ties. He now faces significant challenges, including managing the state budget, addressing regional financing issues, and overseeing matters related to Indra. The opposition PP views the changes as mere "continuism and more Sanchismo."