Margrethe Vestager is taking a temporary leave of absence from the EU Commission. She is running for the presidency of the European Investment Bank (EIB) The 55-year-old had previously been nominated by the Danish government for the post of EIB CEO. Spain has nominated Economy and Finance Minister Nadia Calviño for the bank post. The EIB is the EU's bank and claims to be the largest multilateral financial institution in the world. Since its foundation in 1958, it has invested more than a trillion euros.