Pablo Hernández de Cos, as the governor of the Bank of Spain, presents himself as a measured, even-tempered figure. He values calm deliberation so highly that, regardless of how solid the data may be, he avoids turning the government’s big day into a forum for economic critique. His role as a senior public official keeps him from savoring the spotlight too much. As his term winds down, concluding in June next year, his measured stance has become one of the quieter, but persistent, voices within Pedro Sánchez’s government on issues like pensions. Although some believed De Cos might serve as the economic policy captain for a party bloc led by Feijóo, his public appearances tend to be practical, anchored in routine annual reflections during the Association for Financial Markets meeting. He answers audience questions with a journalist’s curiosity, turning each inquiry into a chance to discuss policy pragmatism rather than partisan theater.
