|Author (Corporate)||Cardiff EDC|
Overview and information on the candidates running to become the President of the Eurogroup for the period 2018-2020.
The new President would succeed incumbent Jeroen Dijsselbloem (the Netherlands), who was not eligible upon the expiry of his mandate in January 2018.
Four candidates were announced on 30 November 2017:
Media outlets highlighted the fine balance required in electing the successor as head of this informal group of Finance Ministers, both geographically and politically. The Portuguese minister emerged as the favourite, as the centre-left was seen as likely to take the job (the centre-right already held most of the top jobs in the European institutions).
The election (simple majority required) was held on 4 December, during a meeting of the Eurogroup. Mr Centeno was eventually elected in the second round of votes, following the withdrawal of the remaining candidates. Mário Centeno's mandate as head of the Eurogroup started on 13 January 2018.
|Subject Categories||Economic and Financial Affairs|
|International Organisations||European Union [EU]|