Here’s the latest I can provide based on recent official announcements.
Direct answer
- As of March 2026, Carlos Cuerpo was appointed First Vice-President of the Government of Spain, with Arcadi España succeeding him as Minister for Finance. This followed the departure of María Jesús Montero to pursue regional election duties in Andalusia. Cuerpo also retains his role as Minister of Economy, Trade and Enterpriseosis (Economy, Trade and Business) in this reshuffle.[1][2][3]
Details and context
- The cabinet changes were announced in a formal institutional declaration by Prime Minister Pedro Sánchez at the Moncloa Palace, and subsequently reflected in swearing-in ceremonies at La Zarzuela Palace. Montero’s eight-year tenure was noted for managing resources through crises and for steering European funds to support public services; the announcements highlighted her role in strengthening local resources and parliamentary dialogue.[2][3][1]
- Arcadi España, previously Secretary of State for Territorial Policy, was named Minister for Finance, marking a shift that places him in the finance portfolio while Cuerpo remains the economy-focused First Vice President. This reshuffle was framed as advancing a technical and moderate leadership within the government.[3][1]
What this means
- The structure elevates a new deputy prime minister (Carlos Cuerpo) who oversees the Economy, Trade and Business portfolio in addition to his deputy role, while Arcadi España takes the finance portfolio. This aligns with the government’s aim to balance economic management with broader fiscal policy leadership.[1][3]
If you’d like, I can pull the exact wording from the official statements or summarize the March 26–27, 2026 events with direct quotes. I can also provide a short timeline of the cabinet changes and their potential political implications.[3][1]
Sources
President of the Government.- Ladies and gentlemen, a very good afternoon and thank you very much for attending this meeting. As you know, this meeting we are holding here, in Malta, of the... -February 28, 2017 at 08:30 am EST - MarketScreener
www.marketscreener.comCuerpo outlined a three-pillar strategy for European success, focusing on a unified financial common market, deeper trade ties with democratic allies, and…
pollar.newsMoncloa Palace, Madrid, 26 March 2026. The President of the Government of Spain, Pedro Sánchez, has announced the changes in his Executive following the departure of the Minister for Finance, María Jesús Montero, who is a candidate in the election to the Andalusian Parliament.
www.lamoncloa.gob.esLa Moncloa. XV Legislature [Governments by Legislature]
www.lamoncloa.gob.esThe President of the Government of Spain, Pedro Sánchez, has announced the changes in his Executive following the departure of the Minister for Finance, María Jesús Montero, who is a candidate in the election to the Andalusian Parliament.
www.lamoncloa.gob.esSpanish Prime Minister Pedro Sanchez on Monday announced his new cabinet, keeping the same number of 22 ministers, 12 women and 10 men, despite reshuffling some of their portfolios. Read more at straitstimes.com. Read more at straitstimes.com.
www.straitstimes.comCarlos Cuerpo is promoted to First Vice President, while Arcadi España takes over the Ministry of Finance.
pollar.newsZarzuela Palace, Madrid, 27 March 2026. The President of the Government of Spain attended the ceremony presided over by King Felipe VI at La Zarzuela Palace. Also in attendance was the Minister for the Presidency, Justice and Parliamentary Relations, Félix Bolaños.
www.lamoncloa.gob.es