Spain Prime Minister backs economy minister for Eurogroup head

27 Mar, 2017

Spain's economy minister would be a good head of the Eurogroup of eurozone finance ministers, Spanish Prime Minister Mariano Rajoy said Sunday as the current chair faces calls to resign. Eurogroup chief Jeroen Dijsselbloem, who is also Dutch finance minister, has been under pressure to step down since he said in an interview published Monday in a German newspaper that southern European countries blew their money on "drinks and women".
Southern Europeans reacted strongly, with Portugal's prime minister and former Italian premier Matteo Renzi calling for Dijsselbloem to step down.
Dijsselbloem's job was already up in the air after his party lost out in elections in The Netherlands last week. His mandate as head of the Eurogroup lasts until January 2018.

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