Juncker Remains Head of the Eurogroup

Jean-Claude Juncker has been re-appointed for a new mandate of two-and-a-half years as president of the eurozone finance ministers, the Eurogroup.

The Eurogroup is now much more important, since the Treaty of Lisbon bars non-eurozone Member States from voting on certain issues in the Ecofin format (ministers of finance). Mr. Juncker says he will aim at better coordination of macroeconomic policies of eurozone members.

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