Luis de Guindos
Luis de Guindos Jurado is a Spanish politician serving as Vice-President of the European Central Bank since 2018. He previously served as Spain's Minister of Economy, Industry and Competitiveness from 2011 to 2018.
Some of the key events about Luis de Guindos
- 1986Graduated with a degree in Economics from CUNEF (Colegio Universitario de Estudios Financieros)
- 1996Appointed Director General for Economic and Competitiveness Policy in Spain's Ministry of Economy
- 2002Became Secretary of State for Economic Affairs in the Spanish government
- 2006Joined Lehman Brothers as Executive Chairman for Spain and Portugal
- 2008Became Head of Financial Services at PricewaterhouseCoopers (PwC)
- 2011Appointed Minister of Economy and Competitiveness in Mariano Rajoy's government
- 2011Faced criticism for underestimating Spain's economic problems as Economy Minister
- 2012Successfully negotiated a €100 billion bailout for Spanish banks from the European Union
- 2012Oversaw controversial bank bailouts during Spain's financial crisis
- 2012Implemented unpopular austerity measures, including tax hikes and spending cuts
- 2013Accused of conflict of interest due to past ties with Lehman Brothers
- 2014Criticized for optimistic economic forecasts that failed to materialize
- 2016Reappointed as Minister of Economy, Industry and Competitiveness
- 2016Implicated in the "Panama Papers" leak for offshore financial activities
- 2018Elected Vice-President of the European Central Bank
- 2018Faced scrutiny over his role in Bankia's failed IPO while at the ECB
- 2020Criticized for ECB's slow response to the COVID-19 economic crisis
- 2021Accused of downplaying inflation risks in the Eurozone
- 2022Played a key role in the ECB's response to the economic challenges posed by the COVID-19 pandemic
- 2022Faced backlash for suggesting workers should not seek pay rises amid high inflation
Disclaimer: This material is written based on information taken from open sources, including Wikipedia, news media, podcasts, and other public sources.
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