The Race Is On for a Coveted Euro-Area Job
- Election for next Eurogroup head will be held on Dec. 4
- Luxembourg, Slovakia, Latvia, Portugal ministers apply
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Four finance ministers have thrown their hats into the ring to take over a top euro-area post, kicking off a race for a position at the helm of the currency bloc as it seeks to strengthen itself in a post-crisis era.
Portugal’s Mario Centeno, Slovakia’s Peter Kazimir, Luxembourg’s Pierre Gramegna and Latvia’s Dana Reizniece-Ozola have applied for the presidency of the Eurogroup -- the group of euro-area finance ministers -- as the five-year crisis-plagued reign of former Dutch Finance Minister and current chair Jeroen Dijsselbloem is coming to an end.