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Merkel backs De Guindos for Eurogroup post

25.08.14 @ 13:30

  1. By EUOBSERVER

While in Spain, German chancellor Merkel said she backs economy minister Luis de Guindos for the presidency of the Eurogroup of finance ministers. With Italy's Draghi already running the ECB, this reduces the chances of France, another southern EU country, getting the top economics post in the new EU commission.