EU Seeks New European Investment Bank President, 5 Candidates Apply
-
The European Investment Bank is searching for a new president to replace Werner Hoyer.
-
Five candidates have applied, including EU Commissioner Margrethe Vestager and Spain's Finance Minister Nadia Calvino.
-
The EIB is the EU's lending arm and is focused on fighting climate change and supporting sustainable energy.
-
The EIB appointment is linked to the choice for head of the Single Supervisory Mechanism.
-
EU finance ministers will discuss the appointment next week but a final decision may not come until October.