The euro group elected its new president tomorrow in a career, in which the Minister of Economics, Trade and the Spanish company, Carlos Body, and the head of Lithuanian finance, Rimantas Sadzius, will play this position in the Irish Pashali five years before this body.
To get the headquarters Forum that unites ministers of the economy and finance of the eurozoneCandidates will need Support 11 from the EUR countries In one Voting that will be secret And in which, in addition to the profile of the applicants, the criteria for geographical and political affiliation weigh. The elect will take the presidency on July 13 during the period Two and a half years renewable.
Carlos Body, who presented his edge to the edge of the expiration On June 27, he talked with “all” partners to present his “vision and project” for the Eurogroup and found “A very good technique that offers optimism”Sources from the Ministry of Economics explain.
“In addition to names, political parties or geographical representations, We find a lot of consensus Within the framework of the Eurogroup, the importance of giving your operation to be more flexible, effective and effective; And also to increase his international role as the current one, ”they indicate.
They direct from the ministry, they reject that the adoption of the body is a critic of the work of Donokho and guarantees that this is a “very constructive” candidate that seeks to increase the relevance of the Eurogroup and that it reaches “specific results”. “This is the best candidate for this,” they defend. However, Political arithmetic at this forum does not prefer Spanish.
Six ministers of the European Popular Party (PPE) announced that They will support your partner On the ranks of Easter Donokho, while the support of socialists (five without counting candidates) is predicted between the body and the Social -Democratic Sadziy, although Slovakia is moving that it will support Spanish.
To this is added that Many of the socialist ministers They are part of the leaders of the coalition led by popular and that liberals (4) and conservatives (2) will be, a priori, politically more connected with the Irish.
However, most countries, including Germany, France and Italy – They have not yet opened, who will choose In a particularly unpredictable choice, since the vote of each country is the same, regardless of its size, and is secret.
Continuity or update?
Easter Donokho, which chaired by the euro group since 2020 and seeks to update in the office for The third mandateIn recent weeks, he assured that he has “strong” support, and his experience at the head of this organism during the pandemic, the war in Ukraine and commercial conflicts can play in their favor in the current context of geopolitical tension, diplomatic sources indicate.
The Lithuanian Minister considers his experience as the main weapons of his candidacy. Committed by provision “Dynamism and concentration” For the euro group, he remembers in an interview with EFE that this is the third time when he occupies a briefcase of finance of his country, and that in 2013 he accepted the relay of negotiations that arose in creating a unique bank resolution mechanism.
Carlos body, meanwhile, turns to Motivation letter Sent to the rest of the ministers to transfer “from discussions to action”, an idea embodied in a letter that he signed with his colleagues from Germany, France, Italy and the Netherlands
Although with Less experience The first line compared to two other candidates, the great assets of the body – its weaver – the profile of agreements and consensus, the fame that was won during the presidency of Spain in 2023, when, as “number 2” Kalvino, in the halls agreed on the reform of financial rules.
The Spanish Minister tried to continue this profile and be the Minister with the Impulse of the Laboratory of SO, called competitiveness, Forum of a small group of countries to promote agreements In the field of capital markets, for which there was no support between twenty -seven.
Some sources explain that they do not only understand the purpose of the Spanish candidate that they see with A few chances of successAnd others suggest that this may be a way to get a political profile from a look at future campaigns.
The body is the third Spanish, which seeks to prescribe in the Euro Group After Luis de Guyindos was persecuted in 2015, and in 2020 Nadia Kalvinho. Both failed in an attempt, but later the vice president of the European Central Bank and the President of the Bei were later elected.
