The Eurogroup elected today Mário Centeno, Minister of finance of Portugal, as President of the Eurogroup, in line with Protocol 14 of the EU treaties.
He suceeds Jeroen Dijsselbloem in this responsibility.
The new President, known by his position not precisely for the austerity measures imposed by the EU, will take office as of 13th January 2018 and will serve along a two and a half year term. The first Eurogroup meeting under the presidency of Mário Centeno will take place on 22 January 2018.
Centeno joined Portugal’s Central Bank in 2000, where he worked as an economist until 2004. From 2004 to 2013 he was assistant director of the Central Bank Economics’ Department. He also directed the Macroeconomics Statistics Development’s work group in the Superior Statistics Council between 2007 and 2013.
He was member of the Economic Policy Committee from the European Commission between 2004 and 2013 and still member of the Editorial Board of Portuguese Economic Journal, where he was appointed in 2001.
A member of the Executive Committee of European Association of Labor Economists from 2003 to 2005, Centeno is author and co-author or several scientific publications, books and book chapters related to his areas of interest, such as Labour Economy, Econometrics, Microeconomics and Theory of Contracts.
The new President of the Eurogroup graduated in Economics by ISEG-Technical University of Lisbon in 1990, he has two Masters – the first one in Applied Mathematics, by ISEG-UTL in 1993, the second one in Economics, by Harvard University, USA, in 1998 – and a PhD in Economics, by Harvard University, USA, concluded in 2000.
He is consultant of Portugal’s Central Bank since 2014. He is Professor at ISEG, University de Lisboa.
Image over the headline.- Mário Centeno, Minister of finance of Portugal and elected President of the Eurogroup. © European Union.