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Román Escolano
Román Escolano Olivares (born in Zaragoza, 1965) is a Spanish economist. He was Minister of Economy, Industry and Competitiveness of Spain in 2018 for 3 months until the approval of the motion of no-confidence against Rajoy. He was also vice president of the European Investment Bank between 2014 and 2018. Biography Born in 1965 in Zaragoza, in northeastern Spain, Escolano worked at the EIB since 2014. At EIB, Escolano was part of the Management Committee, the body responsible for designing the bank's financial and loan policies and managing its daily activity. He was responsible for supervising the operations and activities of the EIB in Spain, Portugal, the Maghreb countries and Latin America. Internally, he monitored different control functions such as Risk Management and the application of best banking practices. He was also the chairman of the Supervisory Board of the Marguerite Fund, a pan-European venture capital fund. Prior to that, Escolano headed the Spanish Officia ...
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The Most Excellent
The Most Excellent (Spanish language, Spanish: ''Excelentísimo Señor'' (male) or ''Excelentísima Señora'' (female), literally "Most Excellent Sir/Madam") is an honorific prefix that is traditionally applied to certain people in Spain and certain Spanish-speaking countries. Following Spanish tradition, it is an ''ex officio'' style (the holder has it as long as they remain in office, in the most important positions of state) and is used in written documents and very formal occasions. The prefix is similar (but not equal) to that of "Excellency, His/Her Excellency", but in the 19th century "The Most Excellent" began to replace the former. The use of the prefix Excellency was re-introduced in Francoist Spain by ''Generalísimo'' Francisco Franco himself, who was formally styled as ''Military career and honours of Francisco Franco, Su Excelencia el Jefe del Estado'' ("His Excellency The Head of State"), while his ministers and senior government officials continued using the prefix ...
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Portugal
Portugal, officially the Portuguese Republic ( pt, República Portuguesa, links=yes ), is a country whose mainland is located on the Iberian Peninsula of Southwestern Europe, and whose territory also includes the Atlantic archipelagos of the Azores and Madeira. It features the westernmost point in continental Europe, and its Iberian portion is bordered to the west and south by the Atlantic Ocean and to the north and east by Spain, the sole country to have a land border with Portugal. Its two archipelagos form two autonomous regions with their own regional governments. Lisbon is the capital and largest city by population. Portugal is the oldest continuously existing nation state on the Iberian Peninsula and one of the oldest in Europe, its territory having been continuously settled, invaded and fought over since prehistoric times. It was inhabited by pre-Celtic and Celtic peoples who had contact with Phoenicians and Ancient Greek traders, it was ruled by the Ro ...
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World Bank
The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. The World Bank is the collective name for the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA), two of five international organizations owned by the World Bank Group. It was established along with the International Monetary Fund at the 1944 Bretton Woods Conference. After a slow start, its first loan was to France in 1947. In the 1970s, it focused on loans to developing world countries, shifting away from that mission in the 1980s. For the last 30 years, it has included NGOs and environmental groups in its loan portfolio. Its loan strategy is influenced by the Sustainable Development Goals as well as environmental and social safeguards. , the World Bank is run by a president and 25 executive directors, as well as 29 various vice ...
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World Bank Group
The World Bank Group (WBG) is a family of five international organizations that make leveraged loans to developing countries. It is the largest and best-known development bank in the world and an observer at the United Nations Development Group. The bank is headquartered in Washington, D.C. in the United States. It provided around $98.83 billion in loans and assistance to "developing" and transition countries in the 2021 fiscal year. The bank's stated mission is to achieve the twin goals of ending extreme poverty and building shared prosperity.The World Bank, Press release: "World Bank Group Commitments Rise Sharply in FY14 Amid Organizational Change"July 1 2014, http://www.worldbank.org/en/news/press-release/2014/07/01/world-bank-group-commitments-rise-sharply-in-fy14-amid-organizational-change/ref> Total lending as of 2015 for the last 10 years through Development Policy Financing was approximately $117 billion. Its five organizations are the International Bank for Reconstruc ...
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Multilateral Investment Guarantee Agency
The Multilateral Investment Guarantee Agency (MIGA) is an international financial institution which offers political risk insurance and credit enhancement guarantees. These guarantees help investors protect foreign direct investments against political and non-commercial risks in developing countries. MIGA is a member of the World Bank Group and is headquartered in Washington, D.C. in the United States. MIGA was established in 1988 as an investment insurance facility to encourage confident investment in developing countries. MIGA is owned and governed by its member states, but has its own executive leadership and staff which carry out its daily operations. Its shareholders are member governments that provide paid-in capital and have the right to vote on its matters. It insures long-term debt and equity investments as well as other assets and contracts with long-term periods. The agency is assessed by the World Bank's Independent Evaluation Group each year. History In September ...
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International Monetary Fund
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world." Formed in 1944, started on 27 December 1945, at the Bretton Woods Conference primarily by the ideas of Harry Dexter White and John Maynard Keynes, it came into formal existence in 1945 with 29 member countries and the goal of reconstructing the international monetary system. It now plays a central role in the management of balance of payments difficulties and international financial crises. Countries contribute funds to a pool through a quota system from which countries experiencing balance of payments problems can borrow money. , the fund had XDR 477 billion (a ...
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Inter-American Development Bank
The Inter-American Development Bank (IDB or IADB) is an international financial institution headquartered in Washington, D.C., United States of America, and serving as the largest source of development financing for Latin America and the Caribbean. Established in 1959, the IDB supports Latin American and Caribbean economic development, social development and regional integration by lending to governments and government agencies, including State corporations. The IDB has four official languages: English, Spanish, Portuguese and French. Its official names in the other three languages are as follows: History At the First Pan-American Conference in 1890, the idea of a development institution for Latin America was first suggested during the earliest efforts to create an inter-American system. The IDB became a reality under an initiative proposed by President Juscelino Kubitshek of Brazil. The Bank was formally created on April 8, 1959, when the Organization of American States dr ...
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European Bank For Reconstruction And Development
The European Bank for Reconstruction and Development (EBRD) is an international financial institution founded in 1991. As a multilateral developmental investment bank, the EBRD uses investment as a tool to build market economies. Initially focused on the countries of the former Eastern Bloc it expanded to support development in more than 30 countries from Central Europe to Central Asia. Similar to other multilateral development banks, the EBRD has members from all over the world (North America, Africa, Asia and Australia, see below), with the biggest single shareholder being the United States, but only lends regionally in its countries of operations. Headquartered in London, the EBRD is owned by 71 countries and two European Union institutions, the newest shareholder being Algeria since October 2021. Despite its public sector shareholders, it invests in private enterprises, together with commercial partners. The EBRD is not to be confused with the European Investment Bank (EIB), ...
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Central American Bank For Economic Integration
The Central American Bank for Economic Integration - CABEI ( BCIE in Spanish) was founded in 1960. It is an international multilateral development financial institution. Its resources are invested in projects that foster development to reduce poverty and inequality; strengthen regional integration and the competitive insertion of its member countries in the global economy; providing special attention to environmental sustainability. Its headquarters are in Tegucigalpa (Honduras) and has regional offices in Guatemala, Honduras, El Salvador, Nicaragua, Costa Rica and Panama. Mission CABEI is a multilateral development bank whose mission is to promote the economic integration and the balanced economic and social development of the Central American region, which includes the founding countries and the non-founding regional countries, attending and aligning itself with the interests of all of its member countries. Vision CABEI's vision consists of being the strategic ally of its mem ...
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Prime Minister Rajoy
Mariano Rajoy Brey (; born 27 March 1955) is a Spanish politician who served as Prime Minister of Spain from 2011 to 2018, when a 2018 vote of no confidence in the government of Mariano Rajoy, vote of no confidence ousted his government. On 5 June 2018, he announced his resignation as People's Party (Spain), People's Party leader. He became Leader of the People's Party in 2004 and Prime Minister in 2011 following the People's Party landslide victory in that year's 2011 Spanish general election, general election becoming the sixth President of the Spanish Government. The party lost its majority in the 2015 Spanish general election, 2015 general election, but after that election ended in deadlock, a 2016 Spanish general election, second election in 2016 enabled Rajoy to be reelected Prime Minister as head of a minority government. Rajoy was a Minister under the José María Aznar administration, occupying different leading roles in different Ministries between 1996 and 2003, and ...
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Banco Bilbao Vizcaya Argentaria
Banco Bilbao Vizcaya Argentaria, S.A. (), better known by its initialism BBVA, is a Spanish multinational financial services company based in Madrid and Bilbao, Spain. It is one of the largest financial institutions in the world, and is present mainly in Spain, South America, North America, Turkey, and Romania. The bank was founded as Banco de Bilbao, on May 28, 1857, in Bilbao. BBVA's operational headquarters are located in Madrid, in the "Ciudad BBVA" complex. It is Spain's second largest bank after Banco Santander. It is listed on the Madrid Stock Exchange, the New York Stock Exchange and on the Mexican Stock Exchange. It is also a part of the IBEX 35 as well as the Dow Jones EURO STOXX 50. As of December 31, 2018, BBVA's assets amounted to around €676 billion, making it the second largest Spanish financial institution by volume of assets. At that same date, it had 7,963 offices, 125,627 employees and 74.5 million customers, and was present in more than 30 countries. 5] On ...
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Jose Maria Aznar
Jose is the English transliteration of the Hebrew and Aramaic name ''Yose'', which is etymologically linked to ''Yosef'' or Joseph. The name was popular during the Mishnaic and Talmudic periods. *Jose ben Abin *Jose ben Akabya *Jose the Galilean *Jose ben Halafta * Jose ben Jochanan *Jose ben Joezer of Zeredah *Jose ben Saul Given name Male * Jose (actor), Indian actor * Jose C. Abriol (1918–2003), Filipino priest * Jose Advincula (born 1952), Filipino Catholic Archbishop * Jose Agerre (1889–1962), Spanish writer * Jose Vasquez Aguilar (1900–1980), Filipino educator * Jose Rene Almendras (born 1960), Filipino businessman * Jose T. Almonte (born 1931), Filipino military personnel * Jose Roberto Antonio (born 1977), Filipino developer * Jose Aquino II (born 1956), Filipino politician * Jose Argumedo (born 1988), Mexican professional boxer * Jose Aristimuño, American political strategist * Jose Miguel Arroyo (born 1945), Philippine lawyer * Jose D. Aspiras (1924–1999), F ...
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