The Eurogroup’s revolution is on hold

Page created: Tuesday, 5 December 2017 10:27 GMT

Eurogroup  Eurogroup President  Mario Centeno

The eurozone is celebrating the election of its first Eurogroup president from southern Europe. For his supporters, the appointment of Portugal’s centre-left Mário Centeno marks a victory against austerity policies in an institution that has dominated the make-or-break decisions in the eurozone over the past seven years.