The Brazilian forward has fallen out of favour at VfB Stuttgart and had expressed his desire to return to Spanish football as soon as possible.
Espanyol were desperate to find a new goalscorer following the injury to Raúl Tamudo that will keep him out for at least two months.
Real Zaragoza loaned Ewerthon to Stuttgart last summer and they have given the loan move the green light, although it is Stuttgart that have the final say.
The 26-year-old former Borussia Dortmund stiker's agent Gerrard Poschner flew into Barcelona on Sunday to finalise an agreement with Espanyol's sporting director Paco Herrera and coach Ernesto Valverde and the player will follow 24 hours later.
Ewerthon is behind numerous players for a place in Armin Veh's Stuttgart side and had already been told that the club were not going to be taking up their option to buy him in the summer.
Espanyol's capture of the striker appears to have put an end to reports that Georgios Samaras was set to move to Montjuïc from Manchester City.
Espanyol were desperate to find a new goalscorer following the injury to Raúl Tamudo that will keep him out for at least two months.
Real Zaragoza loaned Ewerthon to Stuttgart last summer and they have given the loan move the green light, although it is Stuttgart that have the final say.
The 26-year-old former Borussia Dortmund stiker's agent Gerrard Poschner flew into Barcelona on Sunday to finalise an agreement with Espanyol's sporting director Paco Herrera and coach Ernesto Valverde and the player will follow 24 hours later.
Ewerthon is behind numerous players for a place in Armin Veh's Stuttgart side and had already been told that the club were not going to be taking up their option to buy him in the summer.
Espanyol's capture of the striker appears to have put an end to reports that Georgios Samaras was set to move to Montjuïc from Manchester City.
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