Italy to back Portugal’s finmin for Eurogroup chair -source

Page created: Thursday, 30 November 2017 10:03 GMT

Eurogroup  Eurozone  Finmin  Italy  Portugal

ROME, Nov 29 (Reuters) – Italy will back Portuguese Finance Minister Mario Centeno to be the next chairman of euro zone finance ministers, a government source said on Wednesday.

Italian Economy Minister Pier Carlo Padoan had been seen as a possible contender for the job, but Prime Minister Paolo Gentiloni said earlier in the day that this would be problematical because national elections are due in the country early next year.