• The head of the Eurogroup Jean-Claude Juncker adjourned the meeting of finance ministers of the eurozone

Market news

30 March 2012

The head of the Eurogroup Jean-Claude Juncker adjourned the meeting of finance ministers of the eurozone

 

The head of the Eurogroup Jean-Claude Juncker adjourned the meeting of finance ministers of the eurozone countries, held on Friday, March 30, sharply reacted to the statement by the Minister of Finance of Austria, Maria Fekter, who earlier in the day told reporters that the question of the size of the stabilization fund has already been agreed. Juncker also refused to give a press conference, explaining that he sees no sense in it, because Fekter have answered all questions, even though the meeting had not yet ended.

It should be noted that due to the suspension of the meeting remained unresolved several issues relating to shifts in the leadership ranks. So, on the agenda were questions of who will succeed Juncker at the head of the Eurogroup, and will include whether the board chairman of the ECB central bank of Luxembourg Yves Mersch.

Recall that in early March, Juncker announced his intention to leave his post, and, according to informed sources, the most likely candidate to replace him is Germany's finance minister, Wolfgang Schäuble.

 

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