Eurogroup Gets First Greek Chief in Break From Crisis Past
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Greek Finance Minister Kyriakos Pierrakakis won the race to become president of the Eurogroup, clinching one of the euro area’s top economic jobs in a first for the formerly crisis-ridden nation. Pierrakakis beat Belgium’s Vincent van Peteghem in a vote held by the region’s finance ministers on Thursday. He will take office on Dec. 12 and serve a 2 1/2 year term, according to a Eurogroup statement. He succeeds Ireland’s Paschal Donohoe, who left abruptly in November for a job at the World Bank.