France's president-elect Francois Hollande was brought up to speed on Greece's debt crisis by European finance chief Jean-Claude Juncker (pictured) on Thursday. Hollande is due to meet German Chancellor Angela Merkel on May 15 to discuss the issue.
Luxembourg's Prime Minister Jean-Claude Juncker, who chairs the group of eurozone finance ministers, said Friday that Portugal will likely be able to avoid a bailout but added that if one is needed, €75 billion would be "appropriate".
We interviewed Jean-Claude Juncker right after a key EU summit that focused on tightening the Economic Governance of Europe. The President of the Eurogroup told us that the agreed economic sanctions on member states running up large budget deficits are not ambitious enough. He also warns it is too early to declare that the Euro crisis is over.
In an exclusive interview with FRANCE 24, Eurogroup President and Luxembourg Prime Minister Jean-Claude Juncker discusses a joint plan by the euro zone and the IMF to offer assistance to debt-saddled Greece.
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.
Jean-Claude Juncker, president of the Eurogroup, said on Wednesday that Europe's plan for getting out of the financial crisis was a sound one and that US pressure to increase bailout money should not affect European nations.
Jean-Claude Juncker, who heads the Euro Group of finance ministers, told FRANCE 24 that during an economic crisis, EU countries should turn to their European partners for help and not to the International Monetary Fund.
Jean-Claude Juncker 
