Juncker may resign in Luxembourg spy affair

"This is one of my last appearances in my current function," the 58-year-old politician said over the weekend at an event in Esch-sur-Alzette after having lost the support of his Social Democrat coalition partners.

His withdrawal came after a parliamentary inquiry concluded that Juncker had to take "political responsibility" for the intelligence agency.

He claims he had no knowledge of its shady dealings, but as Prime Minister he is ultimately responsible for all the government's organs.

Instead of keeping an eye on the spies, the long-serving Eurogroup chief was too often in Brussels, his critics say.

Juncker has served for over 30 years in the government of Luxembourg, first as finance minister and for the past 18 years as Prime Minister.

He held the chairmanship of the Eurogroup of finance ministers ever since it was created, in 2005 until last year, when he handed over to Dutch finance minister Jeroen Dijsselbloem.

With the bailouts of Greece, Ireland, Portugal and Spain on the agenda, Juncker had a lot on his plate in the past three years, having to chair countless all-night Eurogroups and teleconferences among ministers.

He left the Eurogroup post last year in order to "focus on national duties" and prepare for the general elections, which should have taken place next year.

If his governing coalition dissolves, early elections may take place as early as October.