login
login
Image header Agence Europe
Europe Daily Bulletin No. 13018
Contents Publication in full By article 20 / 23
NEWS BRIEFS / Eurozone

Appointment of future ESM Managing Director continues to be blocked

09/09/2022 (Agence Europe)Euro area finance ministers did not meet as the board of the European Stability Mechanism (ESM) on Friday 9 September in Prague to decide between the two remaining candidates - Luxembourg’s Pierre Gramegna and Portugal’s João Leão - to replace Klaus Regling at the helm of the euro area’s permanent rescue fund from 7 October (see EUROPE 12990/31). Eurogroup President Paschal Donohoe said that discussions were continuing and announced his intention to convene the ESM board “shortly”. At this stage, Germany is reportedly blocking the appointment of the former Portuguese finance minister, while France and Italy are not convinced by the former Luxembourgish minister. (MB)

Contents

SECTORAL POLICIES
ECONOMY - FINANCE - BUSINESS
Russian invasion of Ukraine
INSTITUTIONAL
SOCIAL AFFAIRS
EXTERNAL ACTION
NEWS BRIEFS