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  • Gaza conflict rages on despite pledges of truce

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  • France calls on its nationals to leave Libya as violence escalates

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  • Boko Haram kidnap Cameroon minister's wife in deadly attack

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  • Nibali joins elite group with Tour de France win

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  • In pictures: Crowds flock to enjoy the Tour de France show

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  • Video: At the scene of the Air Algérie crash in Mali

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  • Costa Concordia arrives in port of Genoa to be scrapped

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  • In pictures: Youths clash with police at banned Gaza protest

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  • Russia lashes out at new EU sanctions over Ukraine

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  • Bodies of all Air Algérie crash victims to be brought to France

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  • Syrian army and ISIS both claim advances

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  • Briton kidnapped in Yemen freed after five months

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  • Nibali rides serenely toward a place in Tour history

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  • Germany's Tony Martin wins 20th stage of Tour de France

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  • New round of Gaza ceasefire talks takes place in Paris

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Europe

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

Video by FRANCE 24

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

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