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Macron Seeks More Clout in Brussels

Summary:
According to the Financial Times, Emmanuel Macron is seeking to have Bruno Le Maire replace Jeroen Dijsselbloem as head of the Eurogroup, the committee of finance ministers who set Eurozone policy. Failing that, he'd like to see Odile Renaud-Basso become the head of the so-called Working Group within the Eurogroup. Meanwhile, he's also pushing for the creation of the post of Eurozone finance minister--a move to which the Germans may accede. Agreement on any of these proposals would signify progress toward a Franco-German entente on Eurozone policy, which is long overdue. But any decision may be delayed until after the German elections in the fall.

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According to the Financial Times, Emmanuel Macron is seeking to have Bruno Le Maire replace Jeroen Dijsselbloem as head of the Eurogroup, the committee of finance ministers who set Eurozone policy. Failing that, he'd like to see Odile Renaud-Basso become the head of the so-called Working Group within the Eurogroup. Meanwhile, he's also pushing for the creation of the post of Eurozone finance minister--a move to which the Germans may accede. Agreement on any of these proposals would signify progress toward a Franco-German entente on Eurozone policy, which is long overdue. But any decision may be delayed until after the German elections in the fall.
Art Goldhammer
Arthur Goldhammer (born 1946) is an American academic and translator. Goldhammer studied mathematics at MIT, gaining his PhD in 1973. Since 1977 he has worked as a translator. He is currently based at the Center for European Studies at Harvard.

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