June 19, 2021

The Ministry of Economy withdraws the portrait of Rodrigo Rato | Economy

The Court denies Rodrigo Rato the suspension of his entry into prison | Economy


The Ministry of Economy and Enterprise has removed from the noble zone the portrait of the former Vice President of the Government and former Minister of Economy, Rodrigo Rato, who will no longer share a place in the portraits gallery of the last headlines of the department, where he will be placed in the next weeks will be placed the last ex-minister of the department and current vice president of the ECB, Luis de Guindos.

Economy has justified the removal of the portrait in a "relocation" of paintings, although it has not materialized its new location within the Ministry, according to department sources cited by Europa Press.

Portrayed by Hernán Cortés

The painting by Rodrigo Rato, made by the renowned portrait painter Hernán Cortés, had been hanging in the Ministry of Economy since 2006, although two years earlier another was hung in the Ministry of Finance, a department he also held between 1996 and 2000.

Portrait of Rato by the painter Hernán Cortés.
Portrait of Rato by the painter Hernán Cortés.

Cortes is a portraitist specialized in authorities and big businessmen. When he came to the throne Felipe VI made several portraits of the monarch by order of the Constitutional Court, the Supreme Court and the Real Maestranza de Caballería de Sevilla. Its cache ranges between 30,000 and 90,000 euros.

The artist has immortalized politicians such as José María Aznar, Felipe González, Magdalena Álvarez, Esperanza Aguirre, and businessmen like Francisco González, as well as King Juan Carlos I and Sofía.

In the area where the minister's office is located are the offices of the minister's chief of staff and various advisers to his cabinet. The relocation of cadres of former ministers and senior officials of the ministries is usually common in the ministerial departments and there are certain deadlines to make the changes.

In parallel, Economy finalizes an act for the placement of a portrait of the former Minister of Economy, Luis de Guindos between 2011 and 2017 and current vice president of the European Central Bank (ECB).

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