News In Brief

Ticker

Jacques Santer to head fundraising for eurozone bail-out fund

24.01.12 @ 01:38

By Valentina Pop

Former EU commission chief Jacques Santer, who in 1999 resigned together with the entire college amid accusations of corruption, was appointed on Monday as head of a fundraising mechanism for the eurozone bail-out fund. "Santer served his country and Europe the best he could," Eurogroup chief Jean-Claude Juncker told media.