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Euro Group
The Eurogroup is the recognised collective term for the informal meetings of the finance ministers of the eurozone—those member states of the European Union (EU) which have adopted the euro as their official currency. The group has 19 members. It exercises political control over the currency and related aspects of the EU's monetary union such as the Stability and Growth Pact. The current President of the Eurogroup is Paschal Donohoe, the Minister for Finance of Ireland. The ministers meet ''in camera'' a day before a meeting of the Economic and Financial Affairs Council (ECOFIN) of the Council of the European Union. They communicate their decisions via press and document releases. The group is related to the Council of the European Union (only Eurogroup member states vote on issues relating to the euro in the ECOFIN) and was formalised under the Treaty of Lisbon. History The Eurogroup, formerly known as the ''Euro-X'' and ''Euro-XI'' in relation to the number of states adop ...
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Finance Minister
A finance minister is an executive or cabinet position in charge of one or more of government finances, economic policy and financial regulation. A finance minister's portfolio has a large variety of names around the world, such as "treasury", "finance", "financial affairs", "economy" or "economic affairs". The position of the finance minister might be named for this portfolio, but it may also have some other name, like "Treasurer" or, in the United Kingdom, " Chancellor of the Exchequer". The duties of a finance minister differ between countries. Typically, they encompass one or more of government finance, fiscal policy, and financial regulation, but there are significant differences between countries: * in some countries the finance minister might also have oversight of monetary policy (while in other countries that is the responsibility of an independent central bank); * in some countries the finance minister might be assisted by one or more other ministers (some supported ...
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Presidency Of The Council Of The European Union
The presidency of the Council of the European Union is responsible for the functioning of the Council of the European Union, which is the co-legislator of the EU legislature alongside the European Parliament. It rotates among the member states of the EU every six months. The presidency is not an individual, but rather the position is held by a national government. It is sometimes incorrectly referred to as the "president of the European Union". The presidency's function is to chair meetings of the council, determine its agendas, set a work programme and facilitate dialogue both at Council meetings and with other EU institutions. The presidency is currently, as of July 2022, held by the Czech Republic. Three successive presidencies are known as ''presidency trios''. The current trio (2022–2023) is made up of France (January–June 2022), Czech Republic (July–December 2022) and Sweden (January–July 2023). The German presidency began the second cycle of presidencies, after ...
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Belgium
Belgium, ; french: Belgique ; german: Belgien officially the Kingdom of Belgium, is a country in Northwestern Europe. The country is bordered by the Netherlands to the north, Germany to the east, Luxembourg to the southeast, France to the southwest, and the North Sea to the northwest. It covers an area of and has a population of more than 11.5 million, making it the 22nd most densely populated country in the world and the 6th most densely populated country in Europe, with a density of . Belgium is part of an area known as the Low Countries, historically a somewhat larger region than the Benelux group of states, as it also included parts of northern France. The capital and largest city is Brussels; other major cities are Antwerp, Ghent, Charleroi, Liège, Bruges, Namur, and Leuven. Belgium is a sovereign state and a federal constitutional monarchy with a parliamentary system. Its institutional organization is complex and is structured on both regional ...
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Brussels
Brussels (french: Bruxelles or ; nl, Brussel ), officially the Brussels-Capital Region (All text and all but one graphic show the English name as Brussels-Capital Region.) (french: link=no, Région de Bruxelles-Capitale; nl, link=no, Brussels Hoofdstedelijk Gewest), is a region of Belgium comprising 19 municipalities, including the City of Brussels, which is the capital of Belgium. The Brussels-Capital Region is located in the central portion of the country and is a part of both the French Community of Belgium and the Flemish Community, but is separate from the Flemish Region (within which it forms an enclave) and the Walloon Region. Brussels is the most densely populated region in Belgium, and although it has the highest GDP per capita, it has the lowest available income per household. The Brussels Region covers , a relatively small area compared to the two other regions, and has a population of over 1.2 million. The five times larger metropolitan area of Brusse ...
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Netherlands
) , anthem = ( en, "William of Nassau") , image_map = , map_caption = , subdivision_type = Sovereign state , subdivision_name = Kingdom of the Netherlands , established_title = Before independence , established_date = Spanish Netherlands , established_title2 = Act of Abjuration , established_date2 = 26 July 1581 , established_title3 = Peace of Münster , established_date3 = 30 January 1648 , established_title4 = Kingdom established , established_date4 = 16 March 1815 , established_title5 = Liberation Day (Netherlands), Liberation Day , established_date5 = 5 May 1945 , established_title6 = Charter for the Kingdom of the Netherlands, Kingdom Charter , established_date6 = 15 December 1954 , established_title7 = Dissolution of the Netherlands Antilles, Caribbean reorganisation , established_date7 = 10 October 2010 , official_languages = Dutch language, Dutch , languages_type = Regional languages , languages_sub = yes , languages = , languages2_type = Reco ...
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Jeroen Dijsselbloem
Jeroen René Victor Anton Dijsselbloem (; born 29 March 1966) is a Dutch politician and economist serving as Mayor of Eindhoven since 13 September 2022, succeeding John Jorritsma (VVD). A member of the Labour Party (PvdA), he has also been Chairman of the supervisory board of Wageningen University since 1 April 2019. Dijsselbloem was Minister of Finance in the Second Rutte cabinet, serving from 5 November 2012 to 26 October 2017. He also served as President of the Eurogroup from 21 January 2013 to 12 January 2018 and President of the Board of Governors of the European Stability Mechanism (ESM) from 11 February 2013 until 12 January 2018. He was successively Chairman of the Dutch Safety Board from 1 May 2019 to September 2022. Early life and education Jeroen René Victor Anton Dijsselbloem was born on 29 March 1966 in Eindhoven, Netherlands. His parents were both schoolteachers. He was raised as a Roman Catholic.
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Der Spiegel
''Der Spiegel'' (, lit. ''"The Mirror"'') is a German weekly news magazine published in Hamburg. With a weekly circulation of 695,100 copies, it was the largest such publication in Europe in 2011. It was founded in 1947 by John Seymour Chaloner, a British army officer, and Rudolf Augstein, a former Wehrmacht radio operator who was recognized in 2000 by the International Press Institute as one of the fifty World Press Freedom Heroes. Typically, the magazine has a content to advertising ratio of 2:1. ''Der Spiegel'' is known in German-speaking countries mostly for its investigative journalism. It has played a key role in uncovering many political scandals such as the ''Spiegel'' affair in 1962 and the Flick affair in the 1980s. According to ''The Economist'', ''Der Spiegel'' is one of continental Europe's most influential magazines. The news website by the same name was launched in 1994 under the name ''Spiegel Online'' with an independent editorial staff. Today, the content is ...
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Jürgen Ligi
Jürgen Ligi (born 16 July 1959) is an Estonian politician, former Minister of Foreign Affairs, and a member and the Vice-Chairman of the liberal Reform Party. He was Minister of Education and Research in Taavi Rõivas' cabinet from 9 April 2015 to 12 September 2016. Previously, Ligi has served as the Minister of Defence from 2005 to 2007 and as the Minister of Finance from 2009 to 2014. Early life After graduating from Tartu Second Gymnasium in 1977, he studied geography and foreign economics at the University of Tartu. He also graduated from the Estonian Business School. Ligi has been the Head of Kuressaare Branch of the EVEA Pank, the Economic Advisor and Business Consultant to Kaarma Parish Rural Municipality Government, the Head of the Kuressaare Regional Office of the Estonian Chamber of Commerce and Industry, the Chief Specialist of Saaremaa Agro-industrial Association, and the Economist of the Planning Institute of the National Planning Committee. Political career Mem ...
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European Central Bank
The European Central Bank (ECB) is the prime component of the monetary Eurosystem and the European System of Central Banks (ESCB) as well as one of seven institutions of the European Union. It is one of the world's Big Four (banking)#International use, most important central banks. The Governing Council of the European Central Bank, ECB Governing Council makes the projects for the monetary policy for the European Union with suggestions and recommendations and to the Eurozone with more direct applications of such policies, it also administers the foreign exchange reserves of EU member states in the Eurozone, engages in foreign exchange operations, and defines the intermediate monetary aims and objectives, and also the common interest rates for the EU. The Executive Board of the European Central Bank, ECB Executive Board makes policies and decisions of the Governing Council, and may give direction to the national central banks, especially when doing so for the Eurozone central ...
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European Parliament Committee On Economic And Monetary Affairs
The Committee on Economic and Monetary Affairs (ECON) is a committee of the European Parliament which is responsible for the regulation of financial services, the free movement of capital and payments, taxation and competition policies, oversight of the European Central Bank, and the international financial system. Since the establishment of the Economic and Monetary Union (EMU), one of the most important function of this committee has been the oversight of the European Central Bank (ECB) through the "monetary dialogue". Although guaranteed independence under the Treaty, the ECB is accountable for its actions towards the European Parliament, and more precisely the ECON Committee. Every three months, the President of the ECB, or occasionally another member of the ECB's executive board, appears before the Committee to report on monetary policy and answer question from MEPs. These proceedings, usually called the "monetary dialogue", are webstreamed and a transcript is made available ...
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European Parliament
The European Parliament (EP) is one of the legislative bodies of the European Union and one of its seven institutions. Together with the Council of the European Union (known as the Council and informally as the Council of Ministers), it adopts European legislation, following a proposal by the European Commission. The Parliament is composed of 705 members (MEPs). It represents the second-largest democratic electorate in the world (after the Parliament of India), with an electorate of 375 million eligible voters in 2009. Since 1979, the Parliament has been directly elected every five years by the citizens of the European Union through universal suffrage. Voter turnout in parliamentary elections decreased each time after 1979 until 2019, when voter turnout increased by eight percentage points, and rose above 50% for the first time since 1994. The voting age is 18 in all EU member states except for Malta and Austria, where it is 16, and Greece, where it is 17. Although the E ...
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Jean-Claude Juncker
Jean-Claude Juncker (; born 9 December 1954) is a Luxembourgish politician who served as the 21st Prime Minister of Luxembourg from 1995 to 2013 and 12th President of the European Commission from 2014 to 2019. He also served as Finance Minister from 1989 to 2009 and President of the Eurogroup from 2005 to 2013. By the time Juncker left office as Prime Minister in 2013, he was the longest-serving head of any national government in the EU and one of the longest-serving democratically elected leaders in the world, with his tenure encompassing the height of the European financial and sovereign debt crisis. In 2005, he became the first permanent President of the Eurogroup. In 2014, the European People's Party (EPP) had Juncker as its lead candidate, or '' Spitzenkandidat'', for the presidency of the Commission in the 2014 elections. This marked the first time that the ''Spitzenkandidat'' process was employed. Juncker is the first president to have campaigned as a candidate for the ...
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