Eurogroup chief Juncker backs Schaeuble for post: report
(BERLIN) - The head of the Eurogroup of eurozone finance ministers, Jean-Claude Juncker, supports Wolfgang Schaeuble of Germany to take over the post in July, a press report said on Tuesday.
"He has my complete backing," Juncker, who is also the Luxembourg prime minister, was quoted as saying by the Germany daily Die Welt in its online edition.
Schaeuble, an unofficial candidate so far, knows the issues well and would "put his heart" into the job, Juncker said of the wheelchair-bound German finance minister.
The Luxembourg premier has chaired the Eurogroup since it was created in 2005, but has indicated he will not seek a new mandate after the current term ends at the end of June.
On Monday, Juncker had said in the northern port of Hamburg that the Eurogroup chief should be someone who listens well and who "does not discover the state of affairs in Cyprus" when the subject comes up during a meeting.
A nomination of Schaeuble "would be an ideal choice in that sense", Juncker had said.
In addition to the Eurogroup post, European Union or eurozone authorities are to select candidates for several high-profile positions in the coming months.
The posts include heads of the permanent rescue fund the European Stability Mechanism and the European Bank for Reconstruction and Development.
Text and Picture Copyright 2012 AFP. All other Copyright 2012 EUbusiness Ltd. All rights reserved. This material is intended solely for personal use. Any other reproduction, publication or redistribution of this material without the written agreement of the copyright owner is strictly forbidden and any breach of copyright will be considered actionable.