Log in
Please enter your login details

Skip to main content

Breaking News
  • Juncker believes all nominees for new EU Commission have convincingly demonstrated their comptence – spokeswoman
  • Vladimir Putin: “Russia to reamin open market economy. Russia will not impose restriction on cross-border capital, currency movements”
  • Air strikes by Iraqi government forces have caused “significiant civilian deaths and injuries” – UN
  • Ukrainian World Bank Chief representative sees ukrainian economy shrinking by 8% in 2014 versus previous outlook of 5% contraction
  • Militants take control of most of western Iraqi town of Hit – Security Sources and medics in Reuters

Dutch Finance Minister Jeroen Dijsselbloem is set to be named as the new head of the Eurogroup on Monday.

He’ll take over from Luxembourg’s Jean-Claude Juncker to lead the powerful body of eurozone finance ministers.

The role will grow in importance over the next years as the currency area adopts more integrated economic policymaking.

“We don’t know that much about him, he is a relative newcomer on the European political scene, certainly he comes with a good pedigree, from the recent Dutch elections that produce pro-european government but beyond that,very little is known about him,” said Fabian Zuleeg, Chief Economist at the European Policy Centre.

Dijsselbloem has been heavily backed by Germany to take over the position of Eurogroup president.

But the candidate from the group of northern European countries backing tough economic reforms has received a cooler response elsewhere.

France has so far remained silent as to whether it will support Dijsselbloem’s bid.

Copyright © 2014 euronews

More about: