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Mario Centano (l) "now commands the unanimous support of the Eurogroup," outgoing president Dijsselbloem said after the vote (Photo: Council of the EU)

Centeno: Eurogroup picks Southern head

Portugal's Mario Centeno was elected on Monday (4 December) as president of the Eurogroup, the informal gathering of eurozone finance ministers.

In a typical EU procedure, when some suspense is followed by the expected result, Centeno beat Luxembourg's Pierre Gramegna in the second round, after less than 90 minutes of discussions and votes, with a "very substantial majority," according to sources.

The two other candidates, ...

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Mario Centano (l) "now commands the unanimous support of the Eurogroup," outgoing president Dijsselbloem said after the vote (Photo: Council of the EU)

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