Don't miss

Replay


LATEST SHOWS

THE DEBATE

Showdown in Gambia: Foreign troops at border as Jammeh refuses to go (part 1)

Read more

THE DEBATE

Showdown in Gambia: Senegalese troops enter Country as Jammeh refuses to go (part 2)

Read more

PEOPLE & PROFIT

Davos 2017: Global leaders try to understand populist surge

Read more

BUSINESS DAILY

DAVOS 2017: What next for the global healthcare industry?

Read more

FOCUS

New initiative provides free services to homeless in Paris

Read more

THE INTERVIEW

Moving US embassy to Jerusalem would be 'a terrible mistake'

Read more

ENCORE!

Hisham Matar's memoir 'The Return' seeks answers in post-Gaddafi Libya

Read more

FRENCH CONNECTIONS

Acquired tastes: The 'disgusting' French delicacies many foreigners won't eat

Read more

INSIDE THE AMERICAS

Brazil: Docu-drama spotlights harsh reality of prison life

Read more

Europe

France and Germany agree on 'full-time' Eurogroup chief

Text by News Wires

Latest update : 2013-05-31

France and Germany have agreed upon appointing a full-time president to oversee Eurogroup, French President François Hollande announced at a joint press conference with Angela Merkel in Paris on Thursday.

France and Germany have agreed to jointly push for a full-time chief to oversee economic policy in the eurozone, President Francois Hollande said on Thursday.

"We agree that there be more eurozone summits with a full-time president of the Eurogroup," which oversees policy in the currency bloc, Hollande said at a joint press conference with Chancellor Angela Merkel.

The Eurogroup, currently headed by Dutch Finance Minister Jeroen Dijsselbloem, is at present run by one of the 17-nation eurozone's finance ministers. It sees the zone's finance ministers meet informally every month to set economic policy for the bloc.

The proposed new president "could be mandated by eurozone ministers to support action for jobs, research and industry," Hollande added.

(AFP)

Date created : 2013-05-30

  • FRANCE

    Hollande calls for EU 'economic government'

    Read more

  • EUROZONE

    Eurozone unemployment reaches record 12.1 percent

    Read more

  • FRANCE - GERMANY

    Is the Franco-German union heading for divorce?

    Read more

COMMENT(S)