Don't miss

Replay


LATEST SHOWS

EYE ON AFRICA

Malawi: HIV-infected man paid to have sex with girls arrested

Read more

ACROSS AFRICA

Meet Omar, the 10-year-old chef who became a social media star

Read more

EYE ON AFRICA

Gigantic snails are a delicacy in Ivory Coast

Read more

FRANCE IN FOCUS

La vie en gris: The story behind France's famed rooftops

Read more

REPORTERS

Video: Olympic refugee team goes for gold

Read more

FOCUS

Taiwan's nuclear dumping ground

Read more

ENCORE!

Greece: Creativity in a time of crisis

Read more

BUSINESS DAILY

French growth grinds to a halt over strikes

Read more

IN THE PAPERS

Norway will 'move mountains' for Nordic neighbour Finland

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)