The finance minister’s victory over Denmark’s Margrethe Vestager comes after months of wrangling
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00:00 Spain's economy minister, Nadia Calvino.
00:03 She's just been named as the new head of the European Investment Bank.
00:06 When she takes over on the 1st of January, she'll become the first woman to hold the post.
00:11 As the bloc's lending arm, the bank has grown in importance since Russia's war in Ukraine,
00:16 with the top job attracting some of the biggest names in European politics,
00:20 including Denmark's Margrethe Vestager.
00:23 The EU competition commissioner had to step down temporarily to run for the job.
00:28 She'd be in the frontrunner until Calvino pipped her to the post.
00:32 [WHOOSH]