The new European Commission officially takes office next week if, as expected all the fresh appointments are approved by the European Parliament on Tuesday.
Former Portuguese prime minister Jose Manuel Barroso is due to take the reins for a second term.
Reviving growth will be the main task of the new team as the EU nations emerge from the worst economic crisis in history.
Key to economic policy moves will be the Finn Olli Rehn who will specialise in corporatism and industrial competition. He has been responsible for overseeing EU enlargement since 2004.
Michel Barnier of France will be in charge of internal markets and financial services.
And another crucial team member will be Spaniard Joaquin Almunia a commercial competition specialist.
Watch a Euronews special on the unfolding events this evening from 5.30pm onwards.