De Guindos, the worst Minister of the Economy in Europe, according to the Financial Times

Catalan MonitorNews Roundup

Photo: Luis de Guindos, who will become vice President of the Central Bank of Europe (Credit: ACN)

By Staff Writers

21st February, 2018

The Spanish Minister of Economy and Competitiveness, Luis de Guindos,  will be appointed vice president of the European Central Bank (ECB), and yet doesn’t have a huge body of support in Europe, according to the prestigious British broadsheet, the Financial Times.

De Guindos was rated in last place of the 19 European Ministers of Economy, analysed in the newspaper, as reported in Spain by La Sexta. The list was headed by German minister Wolfgang Schaeuble.

The newspaper highlights that de Guindos is fluent in English and also his experience in the financial sector, but nonetheless he scored last place in credibility, of all the ministers. He also came second last, in 18th place, in the section of the rating which assesses the ability to design and apply domestic policies, as well as showing an aptitude for teamwork in Europe, where he ranked ahead of Hungarian Gyorgy Matolcsy, only.

The Spanish representative ranked in third last place, 17th, in the economic section of the ranking, which judges aspects such as GDP, the deficit, or changes in unemployment during their reign.

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