{"id":38795,"date":"2012-07-03T09:38:51","date_gmt":"2012-07-03T09:38:51","guid":{"rendered":"https:\/\/armbanks.am\/2012\/07\/03\/235929\/"},"modified":"2024-12-15T12:58:21","modified_gmt":"2024-12-15T12:58:21","slug":"juncker-not-to-assume-eurogroup-presidency-without-one-condition","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2012\/07\/03\/38795\/","title":{"rendered":"Juncker not to assume eurogroup presidency without one condition"},"content":{"rendered":"<p><strong>YEREVAN, July 3. \/ARKA\/<\/strong>. Luxembourg premier Jean-Claude Juncker will not accept another term at the helm of the Eurogroup of finance ministers unless Yves Mersch, also from Luxembourg, is named on the board of the European Central Bank, EUobserver internet edition reports.<br \/>\n&#8220;As long as Mr Mersch isn\u2019t appointed, I will not accept the nomination proposal,\u201d he said Friday.<br \/>\nAccording to Juncker Mersch has valuable experience in developing and implementing methods of struggle against the inflation.<\/p>\n<p>Jean-Claude Juncker assumed the presidency of the Eurogroup on January 1 2005. Earlier he said that will not assume reappointment and will rather support Finance Minister of Germany  Wolfgang Sch\u00e4uble as the next Eurogroup president.<br \/>\nAccording to some sources in Brussels, Germany Chancellor Merkel has nominated Sch\u00e4uble for this position. The German media reports that if Sch\u00e4uble agrees to accept the post he will continue running the office of Finance Minister.<\/p>\n<p>Sch\u00e4uble, on his side, said he is ready to replace Juncker, however, according to some media sources, France\u2019s President Francois Hollande opposed the issue.<br \/>\nThe issue was expected to be solved on the EU summit June 28-29, however Council President Van Rompuy said the decision will be reached early July.<br \/>\nIn accordance with Lisbon Treaty Eurogroup President is elected for 2.5 years. Juncker has already been reelected at this position three times. \u20140&#8211;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Luxembourg premier Jean-Claude Juncker will not accept another term at the helm of<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[12689,13207],"class_list":["post-38795","post","type-post","status-publish","format-standard","category-banks-en-en","category-news","tag-chairman","tag-eurogroup"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.8 - aioseo.com -->\n\t<meta name=\"description\" content=\"Luxembourg premier Jean-Claude Juncker will not accept another term at the helm of\" \/>\n\t<meta name=\"robots\" content=\"max-image-preview:large\" \/>\n\t<meta name=\"author\" content=\"admin\"\/>\n\t<meta name=\"google-site-verification\" content=\"l8sdBd3STQ6A37MF5AO_21FEwNPHg9tRpooOo3Wx_eQ\" \/>\n\t<meta name=\"keywords\" content=\"chairman,eurogroup\" \/>\n\t<link rel=\"canonical\" href=\"https:\/\/armbanks.am\/en\/2012\/07\/03\/38795\/\" \/>\n\t<meta name=\"generator\" content=\"All in One SEO (AIOSEO) 4.9.8\" \/>\n\t\t<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n\t\t<meta name=\"twitter:title\" content=\"Juncker not to assume eurogroup presidency without one condition - 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