Ana de la Cueva resigns as Secretary of State for the Economy and will be replaced by Gonzalo García

The Council of Ministers approved this Tuesday the appointment of Gonzalo García Andrés as Secretary of State for the Economy and Business Support, replacing Ana de la Cueva, who had held the position since June 2018. De la Cueva’s march has not been the only abandonment of Moncloa. This Tuesday, the economist Daniel Fuentes, responsible director of Economic Information of the SEC.

The resignation, announced by El País, comes a few days after the Government sent Brussels the Recovery Plan, the key to the 70,000 million euros in aid that Spain expects to receive from the European Union between 2021 and 2023 to deal with the effects of the covid-19 pandemic.

Ana de la Cueva, 55, was appointed Secretary of State for the Economy in June 2018 at the proposal of the Minister of Economy and Digital Transformation, Nadia Calviño.

In one of his last interventions, an interview with Efe, De la Cueva calculated that the tenders that will allow companies to access the European aid funds from the Recovery Plan could be called before the summer until 2023.

Profile of Gonzalo Garcia Andres

García Andrés has a degree in Economics from the Autonomous University of Madrid, Commercial Technician and State Economist. Until now he was managing partner of Economics at International Financial Analysts (AFI) and professor in the Master of Finance at AFI School.

The new Secretary of State has developed a large part of his professional career in the Ministry of Economy, in the areas of the financial system, international financing, macroeconomic policy, and trade and investment.

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In the General Directorate of the Treasury and Financial Policy, he was deputy director general of Financial and Strategic Analysis and Financing, as well as Public Debt Management. Later he was general director of International Financing, assuming the representation of Spain in the IMF, the World Bank and the rest of the multilateral development banks. He has been economic and commercial advisor at the Spanish Embassy in Washington DC and deputy general director of International Trade in Services and Investments.

Daniel Fuentes

Daniel Fuentes, for his part, leaves his position at the Secretary of State for Communication, recalling De la Cueva in a tweet, whom he highlights for “his quiet work, pandemic and recovery plan through, is not just anything. The CDGAE is the engine room of economic policy”. Fuentes was also director of Macroeconomic and Financial Policies.

Due to his academic and professional profile, he was called to hold a high position, including some ministerial portfolio. He is a doctor in Economic Sciences from the Paris-Nanterre University, a professor at various universities (Vigo, Zaragoza and Sorbonne-Nouvelle), and was a researcher at INRA Paris, Cemagref Bordeaux and OCDE Paris.

Economist at the Bank of France, and translator from Spanish to French of the work Capital and ideology, by Thomas Piketty, he was a member of the PSOE Electoral Strategy Committee in the general elections of 28-A and 10-N of 2019.

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