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The European Commission should drop its ill-designed idea of a finance minister

Guntram B. Wolff, 2017), “The European Commission should drop its ill-designed idea of a finance minister”, Bruegel, 4 December

European Commission president Jean Claude Juncker has announced the creation of a European finance minister position. In his vision, outlined by his “state of the union” address in September, the role would unite the position of Commission vice president, chair of the Eurogroup and head of the euro-area portion of the EU budget.  But the proposal is ill-designed and will create more problems than it solves.

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