Ex-Spanish finance minister gives up parliament seat

15th September 2009, Comments 0 comments

Pedro Solbes is the third former member of Prime Minister Jose Luis Rodriguez Zapatero's cabinet to announce he is stepping down this month.

Madrid – Former Spanish finance minister Pedro Solbes resigned Monday as a lawmaker, the third ex-member of Prime Minister Jose Luis Rodriguez Zapatero's cabinet to give up his seat in the assembly this month.

The 67-year-old, a former European commissioner for monetary affairs, told the president of the assembly, Jose Bono, that he was stepping down effective immediately, the assembly said on its website.

Solbes, who was replaced as economy minister by Elena Salgado in a cabinet reshuffle in April, has accepted a position with the European Financial Reporting Advisory Group (EFRAG), Spanish media reported.

Before the cabinet reshuffle, tensions between Solbes, a fiscal conservative, and Zapatero had arisen over public sector spending, which have soared as the government launched stimulus plans to fight Spain's worst recession in decades.

Top-selling daily newspaper El Pais reported Monday that there was increasing unease within the ruling party over Zapatero's handling of the economic downturn.

Former public administration minister Jordi Sevilla announced at the beginning of September that he was giving up his seat in parliament.

He was followed by former culture minister Cesar Antonio Molina who gave up his seat to return to his old job as a journalism and humanities professor at Madrid's Carlos II University.

AFP / Expatica

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