new eurogroup chief vows to press
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

ahead with reforms

New Eurogroup chief vows to press

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice New Eurogroup chief vows to press

Mario Centeno and Jeroen Dijsselbloem
PARIS - Emiratesvoice

The eurozone must press ahead with much-needed political and economic reforms to make it more robust and resilient in future, the Eurogroup's new chief, Portugal's Mario Centeno, said on Friday.

Speaking at a ceremony in Paris to mark his assumption of the chair of the informal group of eurozone finance ministers, Centeno said the 19-member bloc had no time to lose in beefing up and unifying its institutional framework.

Centeno was appointed last month to take over as Eurogroup chief from Dutchman Jeroen Dijsselbloem. His term will be for two and a half years.

"The window that we have now both politically and economically should be used to complete the landscape of institutions that we have in the euro area," the Portuguese finance minister said, pointing to the banking and capital markets unions, as well "the discussions we have had around fiscal policy."

It was "very important to meet our citizens' expectations and to build a more robust and resilient euro area," Centeno said.

"The challenges we have need to be tackled now. We exited the crisis but we have to face it that the job is not yet complete. It never is."

For his part, Dijsselbloem said his successor enjoyed "strong support in the eurogroup and will push reforms, push modernization, push the strengthening of the euro zone even further."

The Dutchman, who served as the Eurogroup's head for two terms, symbolically handed Centeno the bell used to open the body's regular meetings.

During his Paris visit, Centeno met French President Emmanuel Macron and Prime Minister Edouard Philippe and was scheduled to meet Finance Minister Bruno Le Maire later in the afternoon.

A political novice when he entered Portugal's socialist government in November 2015, the 51-year-old economics professor, who does not belong to a political party, has come to personify the country's economic success.

Alternately described as a centrist and a liberal, Centeno has become one of the heavyweights in the administration of Prime Minister Antonio Costa.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

new eurogroup chief vows to press new eurogroup chief vows to press

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

new eurogroup chief vows to press new eurogroup chief vows to press

 



GMT 10:08 2018 Wednesday ,24 January

Microsoft to open 4 data centres

GMT 19:57 2018 Tuesday ,23 January

Farm-fresh from Kerala to the UAE, in just one day

GMT 05:04 2024 Tuesday ,06 February

Skincare PR Performance Full Year 2017

GMT 06:15 2018 Tuesday ,23 January

Volkswagen clinches record sales

GMT 10:18 2018 Thursday ,30 August

Iran incapable of closing Hormuz, Bab Al Mandeb

GMT 15:31 2011 Monday ,09 May

MGM planning $1.5 bn IPO for Macau business

GMT 08:18 2015 Thursday ,23 July

Rare albino alligators arrive in Dubai

GMT 11:31 2014 Monday ,17 March

Gujarat University releases exam calendar

GMT 19:10 2016 Thursday ,03 November

Kashmir schools shut down after deadly border shelling

GMT 23:59 2011 Tuesday ,25 October

German satellite entered the Earth\'s atmosphere

GMT 15:29 2012 Thursday ,23 February

Thai-Myanmar border dying from unwanted pregnancies

GMT 14:29 2011 Monday ,28 November

University applications down 13% on last year

GMT 02:25 2012 Friday ,10 February

Law student lobbies for facebook to come clean

GMT 13:11 2017 Tuesday ,18 July

Ahly’s coach expresses resentment

GMT 19:46 2017 Monday ,04 September

Dubai introduces new medical tests, health card rule

GMT 11:26 2016 Thursday ,13 October

Miley Cyrus slams ‘Supergirl’

GMT 10:04 2015 Monday ,14 December

The ties that bind us to China

GMT 10:10 2011 Monday ,23 May

Sony expects annual net loss of $3.2bn

GMT 09:59 2012 Thursday ,26 April

Rare leopard photographed

GMT 14:44 2011 Tuesday ,31 May

Fewer would recommend bank to friend

GMT 09:09 2011 Friday ,03 June

Entekhab threatens to sue Daewoo

GMT 09:41 2012 Wednesday ,11 January

Mexican women fight exploitation

GMT 18:24 2012 Tuesday ,06 March

Beauty and sadness
Emiratesvoice, emirates voice
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice