Don't miss

Replay


LATEST SHOWS

EYE ON AFRICA

Gambian citizens flee ahead of Barrow inauguration

Read more

MEDIAWATCH

Trump will still tweet from personal Twitter account as President

Read more

FRENCH CONNECTIONS

Population studies: France's 'ethnicity' taboo

Read more

THE DEBATE

Brexit's Biggest Fan: Trump weighs in ahead of Theresa May speech (Part 1)

Read more

THE DEBATE

Brexit's Biggest Fan: Trump weighs in ahead of Theresa May speech (Part 2)

Read more

ENCORE!

Posy Simmonds: 'French women have good handbags, English women have udders'

Read more

FOCUS

Security stepped up in Italy amid terror threat

Read more

ENCORE!

Music producer Uppermost: From the courthouse to the club

Read more

TALKING EUROPE

Bulgarian president-elect hopes for lifting of Russia sanctions

Read more

Business

Luxembourg PM Juncker could give up Eurogroup chairmanship

Text by NEWS WIRES

Latest update : 2009-06-04

Luxembourg's PM Jean-Claude Juncker announced he would likely pass the national finance ministry to a party colleague, a move that would require him to give up the post of Eurogroup chairman he has held since 2005.

AFP - Luxembourg's prime minister Jean-Claude Juncker intends to give up the finance portfolio he also holds in government, and therefore the chair of the Eurogroup, a newspaper reported on Thursday.

If voters re-elect Juncker's Christian Social People's Party (CSV) on Sunday "the post of finance minister will pass from Jean-Claude Juncker to (Treasury and Budget Minister) Luc Frieden," the Luxemburger Wort daily reported.

Juncker made the announcement at an electoral rally in Luxembourg town on Wednesday.

The Luxembourg prime minister was handed a third term as chairman of the 16-nation Eurogroup, an informal grouping of finance ministers from the 16 nations which share the euro currency, in September 2008.

Giving up the national finance ministry would also mean giving up the Eurogroup role he has held since 2005.

Juncker's spokesman Guy Schuller refused to comment on the report, saying it was not his role as "it is the candidate Jean-Claude Juncker who will comment."

However a CSV official confirmed that Juncker expressed the wish to give up the finance role in comments he made late Wednesday.

 

Date created : 2009-06-04

COMMENT(S)