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Eurogroup elects Portuguese chairman who defeated austerity at home

Reuters  |  BRUSSELS 

By Jan Strupczewski and Francesco GuarascioBRUSSELS (Reuters) - Euro zone finance ministers on Monday chose as their next chairman Portugal's Mario Centeno, a move that could embolden countries seeking deeper integration of the 19-country's bloc.Centeno, 50, will succeed Dutchman Jeroen Dijsselbloem on Jan. 13, chairing monthly meetings of the Eurogroup, which comprises the finance ministers of the euro zone and is the European Union's most powerful economic policy-setting body. The Harvard-educated economist has led Portugal through a strong recovery from a 2011-14 debt crisis and a euro ...

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First Published: Tue, December 05 2017. 01:01 IST