Spain PM keeps de Guindos in charge of economy in new govt

MADRID – Conservative Prime Minister Mariano Rajoy says Luis de Guindos will remain in charge of ensuring Spain’s economy continues to soar under his new government.

Rajoy named de Guindos economy minister as he unveiled his 13-member Cabinet on Thursday. Alfonso Dastis was named foreign minister while Soraya Saenz de Santamaria remains deputy premier.

Rajoy won Parliament’s approval last Saturday to begin a second term in office, this time with a minority government. The vote ended a 10-month political impasse following two inconclusive elections.

Rajoy made the economy’s recovery following a six-year recession the chief object of his 2011-2015 government. Spain’s economy is now among the fastest growing in the European Union although it still has the bloc’s second highest unemployment rate, at 19 per cent.

The Cabinet holds its first meeting Friday.

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