Deputy PM Vondra and German leader Merkel: Eurogroup should remain informal

Deputy PM Alexandr Vondra and German Chancellor Angela Merkel agreed on Friday that the Eurogroup should remain informal. At their meeting on the side of the EU-Asia summit in Beijing, both politicians agreed that “no political invasion” of the Eurogroup was possible. The Eurogroup was set up as an informal platform to facilitate communication between finance ministers of EU member states that use the euro. The French President Nicolas Sarkozy said on Thursday that the Eurogroup’s influence within the EU should be reinforced; this could downplay the role of the Czech Republic during its upcoming EU presidency.

Author: Jan Richter