Reuters: Dutchman likely to head eurozone finance ministers

08 January 2013

Dutch Finance Minister Jeroen Dijsselbloem is likely to be named the next chairman of eurozone finance ministers in January, taking over a key role in managing the bloc's debt crisis.

The Eurogroup of finance ministers is due to decide on January 21 who will succeed Luxembourg's Prime Minister Jean-Claude Juncker at the helm of the eurozone's most powerful economic policymaking body. His appointment to chair the Eurogroup had been informally agreed at the European Union summit in December, although leaders left the formal decision to finance ministers, as required by the EU treaty.

The role of the Eurogroup, and that of its president, will grow in the coming years as the eurozone heads towards more integrated economic policymaking, budget control, debt management and a banking union.

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