Eurogroup elected the Portuguese Finance Minister Mário Centeno as the new president of the group. “I congratulate Mario Centeno for the appointment as the new Eurogroup president,” commented Toomas Tõniste, Finance Minister for Estonia, which is currently holding the Presidency of the Council of the European Union.
“He has earned our confidence with an exemplary track record in putting his own country on the right track and for his constructive contributions in the Eurogroup. I wish him good luck for the tasks ahead as there are many issues to be tackled. For example the future of the economic and monetary union and the possible enlargement of the Eurogroup will be on the agenda for the coming years.”
Today, the new Eurogroup president was elected for the next 2.5 year term. Current President Jeroen Dijsselbloem will step down in January.
Draft national budgetary plans and labour tax issues were also discussed in today's Eurogroup meeting. Other issues discussed included preparations for the Eurosummit next week and the state of play in Greece, Spain and Cyprus.