Executive Vice President Of The European Commission For An Economy That Works For People

The Executive Vice President of the European Commission for An Economy that Works for People is the member of the European Commission responsible for economic and financial affairs.

The position was previously titled Commissioner for Economic and Monetary Affairs and the Euro and European Vice President for the Euro and Social Dialogue from 2014 to 2019. The current executive vice president is Valdis Dombrovskis (EPP).

Executive Vice President of the European Commission for An Economy that Works for People
Executive Vice President Of The European Commission For An Economy That Works For People
Incumbent
Valdis Dombrovskis
since 1 December 2019
AppointerUrsula von der Leyen
Term lengthFive years
Inaugural holderRobert Marjolin
Formation1958
Salary€19,909.89 per month
WebsiteEuropean Commission

Responsibilities

The post is responsible for the European Union's economic, financial and monetary affairs, often combined with similar portfolios. This position is highly important due to the weight the European Union has economically worldwide (See: Economy of the European Union). It has grown particularly with the late 2000s recession and is now having to deal with getting the EU's public finances back into shape, as many members are breaking EU rules on budget deficits.

The DG responsible to the Commissioner is the Directorate-General for Economic and Financial Affairs, headed by Marco Buti.

There are a number of other economic-related Commissioner positions in the college:

There have been suggestions from politicians such as Ségolène Royal that there should be an economic government for the eurozone, and at the start of the Barroso Commission Germany suggested an economic "super-commissioner" – which could see a change in this position. That idea however was dropped but the Enterprise and Industry Commissioner was strengthened in response.

In October 2011 the position gained added responsibility for the euro, particularly eurozone reform and bail outs, and was made a vice president.

List of commissioners

# Name Country Period Commission
1 Executive Vice President Of The European Commission For An Economy That Works For People  Robert Marjolin Executive Vice President Of The European Commission For An Economy That Works For People  France 1958–1967 Hallstein Commission
2 Executive Vice President Of The European Commission For An Economy That Works For People  Raymond Barre Executive Vice President Of The European Commission For An Economy That Works For People  France 1967–1973 Rey Commission
Malfatti Commission
Mansholt Commission
3 Executive Vice President Of The European Commission For An Economy That Works For People  Wilhelm Haferkamp Executive Vice President Of The European Commission For An Economy That Works For People  West Germany 1973–1977 Ortoli Commission
4 Executive Vice President Of The European Commission For An Economy That Works For People  François-Xavier Ortoli Executive Vice President Of The European Commission For An Economy That Works For People  France 1977–1985 Jenkins Commission
Thorn Commission
5 Executive Vice President Of The European Commission For An Economy That Works For People  Henning Christophersen Executive Vice President Of The European Commission For An Economy That Works For People  Denmark 1985–1995 Delors Commission
6 Executive Vice President Of The European Commission For An Economy That Works For People  Yves-Thibault de Silguy Executive Vice President Of The European Commission For An Economy That Works For People  France 1995–1999 Santer Commission
7 Executive Vice President Of The European Commission For An Economy That Works For People  Pedro Solbes Executive Vice President Of The European Commission For An Economy That Works For People  Spain 1999–2004 Prodi Commission
8 Executive Vice President Of The European Commission For An Economy That Works For People  Joaquín Almunia Executive Vice President Of The European Commission For An Economy That Works For People  Spain 2004 Prodi Commission
9 Executive Vice President Of The European Commission For An Economy That Works For People  Siim Kallas Executive Vice President Of The European Commission For An Economy That Works For People  Estonia 2004 Prodi Commission
10 Executive Vice President Of The European Commission For An Economy That Works For People  Joaquín Almunia Executive Vice President Of The European Commission For An Economy That Works For People  Spain 2004–2010 Barroso Commission I
11 Executive Vice President Of The European Commission For An Economy That Works For People  Olli Rehn Executive Vice President Of The European Commission For An Economy That Works For People  Finland 2010–2014 Barroso Commission II
12 Executive Vice President Of The European Commission For An Economy That Works For People  Valdis Dombrovskis Executive Vice President Of The European Commission For An Economy That Works For People  Latvia 2014–present Juncker Commission I
von der Leyen Commission

As Economic and Finance Commissioner, Robert Marjolin served in both Hallstein Commissions and Henning Christophersen served in all three Delors Commissions.

See also

References

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Executive Vice President Of The European Commission For An Economy That Works For People ResponsibilitiesExecutive Vice President Of The European Commission For An Economy That Works For People List of commissionersExecutive Vice President Of The European Commission For An Economy That Works For People

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