French Socialist Former finance minister
Pierre Moscovici
takes the key portfolio of economic policy, though he will be
supervised by former Finnish prime minister Jyrki Katainen and former
Latvian prime minister Valdis Dombrovskis.
British Conservative Jonathan Hill takes a revamped portfolio
entitled Financial Stability, Financial Services and Capital Markets
Union - something the London government, outside the euro zone, had been
pitching hard for. He will be in charge of relations with, among
others, the European Banking Authority.
Danish liberal Margrethe Vestager will be in charge of the powerful
competition portfolio that gives the EU a big say in the expansion or
merger plans of the world’s biggest companies, while former Slovenian
prime minister Alenka Bratusek will oversee the EU’s plan to create an
energy union.
Sweden’s Cecilia Malmstrom will have the task of negotiating the
world’s biggest trade agreement between the United States and Europe.
Miguel Arias Caneta of Spain will be energy and climate change
commissioner, though former Slovenian former premier Alenka Bratusek
will have the more senior post of vice-president overseeing the
development of an energy union.
Germany’s Guenther Oettinger will have responsibility for the digital
economy, a portfolio including the overhaul of the EU telecoms market.
Elzbieta Bienkowska of Poland takes the role of commissioner for the
internal market, industry, entrepreneurship and small business.
The new Commission is due to take office on November 1, subject to its confirmation by the European Parliament.
Read more: ReEurope - France and Britain secure top EU economy posts - France 24