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7/9/14

EU: The Juncker Cabinet: Jean-Claude Juncker eyes socialist for top EU economy job - Economic Times

Jockeying for the EU's top posts intensified Tuesday when Jean-Claude Juncker, the conservative nominee to helm the powerful European Commission, said a socialist might take on the prized economic portfolio.

Since the worst days of the debt crisis, the job of Economics Affairs Commissioner has become key, being empowered to keep a close eye on the finances of all 28 member states.

Lead contenders for the economy job are Pierre Moscovici, the former French Finance minister who is openly lobbying for the post, and Jeroen Dijsselbloem, current head of the Eurogroup and Dutch Finance Minister.

Dijsselbloem on Tuesday said he was happy already with "two jobs" and brushed off any speculation he was eyeing a move to Brussels.

Juncker needs to muster an absolute majority of 376 votes in the 751-seat Parliament before officially winning the commission leadership.

The day after the parliament vote, EU leaders meet to decide other top jobs.

One is that of EU foreign policy chief currently held by Catherine Ashton.

Her replacement was also rumoured to be going to a centre-left politician, with Italy's new Foreign Minister Federica Mogherini often cited.

Read more: Jean-Claude Juncker eyes socialist for top EU economy job - Economic Times

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