Monday, August 25, 2014

Merkel supports Guindos to chair the Eurogroup – Newspaper

Merkel supports Guindos to chair the Eurogroup – Newspaper

Monday, August 25, 2014 – 16.32 h

Mission accomplished. The Spanish Government has made the chancellor, Angela Merkel, support the economy minister, Luis de Guindos to chair the Eurogroup. The German leader said this morning in a press conference that a “ excellent Minister of Economy ” and support their aspiration to replace the Dutchman Jeroen Dijsselbloem when he finishes his term in June 2015 .

However, according to Spanish government sources, that relief could be sooner if Dijsselbloem became director of Unique Mechanism of regulation of the banking union, a post he holds the rank of Vice President of the European Commission.

Guindos has developed a very good relationship with the German Finance Minister, Wolfgang Schauble, in many European meetings had to be held in the last two and a half years, in which Spain skirted total bankruptcy .

Mariano Rajoy had planned Merkel’s visit to Galicia with an eye on the distribution of charges in the European Union, especially the Eurogroup. The president has defended his meetings with the chancellor that Miguel Arias Cañete holds a strong portfolio of the European Commission, as Competition, Economic and Monetary Affairs and Foreign Trade, though Merkel has ignored this possibility and no He has given his public support. Cañete is more complicated to enter the Commission sexist statements made in the European campaign after discussion with Elena Valenciano. The PP politician said he had not wanted to show their “intellectual superiority” during face to face with the Socialist leader to not seem like a “ male “.

EUROPEAN PUZLE

The new president of the European Commission, Jean Claude Juncker , not disclose the composition of his team until early September, after the European summit next Saturday to be held a meeting in which the leaders of the Twenty-eight will assert its power to pressure the former Prime Minister of Luxembourg. That meeting also will advance to decide people replace British Catherine Ashton as High Representative for Foreign Affairs and the Belgian Herman van Rompuy in front of the European Council. The puzzle of European leadership must conform taking into account gender balance, geographical and political color that weigh such decisions.

ENERGY MARKET

Merkel also expressed support to the Spanish proposal to create a single European market in the field of energy allowing greater competition and integration. The European Union recommends that the interconnection capacity of each country equivalent to 10% of their production capacity, while Spain is currently at 3%.

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