Juncker reappointed to eurozone post

Jean-Claude Juncker, Luxembourg’s Prime Minister, won another term as President of the eurozone group of finance ministers on the 9 July 2012.

Yves Mersch, President of the Luxembourg Central Bank was also appointed to the vacant seat on the European Central Bank’s six-member executive board after a fight for the seat with a nominee from Spain.

Germany’s Klaus Regling, the managing director of the eurozone’s temporary bailout fund, the European Financial Stability Facility was appointed to lead the EFSF's permanet successor, the €500bn European Stability Mechanism, due to come into operation later in 2012.

Deutsche Welle, 9.7.12: Wanted: Eurogroup president http://www.dw.de/dw/article/0,,16080263,00.html

ESO: Background information: Juncker lashes out at EU's 'ungifted pragmatists' http://www.europeansources.info/record/juncker-lashes-out-at-eus-ungifted-pragmatists/

ESO: Background information: Rehn tipped as next Eurogroup chief http://www.europeansources.info/record/rehn-tipped-as-next-eurogroup-chief/

Website: The Eurogroup http://www.eurozone.europa.eu/eurogroup?lang=en

Wikipedia: The Euro Group http://en.wikipedia.org/wiki/Euro_Group

EurActiv, 10.7.12: Luxembourg scoops ECB job as part of Spain deal http://www.euractiv.com/euro-finance/luxembourg-wins-plum-jobs-news-513815

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