European Commissioner for Economy and Productivity

{{Politics of the European Union}}

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.[http://www.ft.com/cms/s/0/c980127c-d841-11de-8b04-00144feabdc0.html Who’s who in the new Commission], Financial Times November 2009

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:

• Industry and Entrepreneurship – Office abolished
• Internal Market – Office vacant
• Competition – currently Margrethe Vestager
• Trade – currently Valdis Dombrovskis
• Economy – currently Paolo Gentiloni
• Financial Programming and the Budget – currently Johannes Hahn
• Energy – currently Kadri Simson
• Consumer Protection – Office abolished

There have been suggestions from politicians such as Ségolène Royal that there should be an economic government for the eurozone,[http://news.bbc.co.uk/1/hi/world/europe/6357899.stm Royal v Sarkozy: The policies] BBC News and at the start of the Barroso Commission Germany suggested an economic "super-commissioner"[http://www.euractiv.com/en/agenda2004/big-strike-deal-super-commissioner-french-vat-cuts-1-ceiling/article-114814 'Big three' strike deal on super commissioner, French VAT cuts, 1% ceiling] {{Webarchive|url=https://web.archive.org/web/20160303204849/http://www.euractiv.com/en/agenda2004/big-strike-deal-super-commissioner-french-vat-cuts-1-ceiling/article-114814 |date=3 March 2016 }} EurActiv.com – which could see a change in this position. That idea however was dropped but the Enterprise and Industry Commissioner was strengthened in response.[http://www.bmbrussels.be/box_bmnewcomm.php THE NEW COMMISSION – SOME INITIAL THOUGHT] {{webarchive |url=https://web.archive.org/web/20060923001700/http://www.bmbrussels.be/box_bmnewcomm.php |date=23 September 2006 }} BM Brussels

In October 2011 the position gained added responsibility for the euro, particularly eurozone reform and bail outs, and was made a vice president.[http://europa.eu/rapid/pressReleasesAction.do?reference=SPEECH/11/714 José Manuel Durão Barroso President of the European Commission Speech by President Barroso: Briefing on the conclusions of the European Council of 23 and 26 October 2011 European Parliament Strasbourg, 27 October 2011], European Commission

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

• Economy of the European Union
• Eurozone & Euro
• European Central Bank
• European Union Budget
• OLAF
• European Court of Auditors
• Directorate-General for Economic and Financial Affairs

{{reflist}}

• [http://ec.europa.eu/commission_2010-2014/rehn/index_en.htm Rehn's website]
• [http://ec.europa.eu/commission_barroso/almunia/index_en.htm Almunia's archived website]
• [http://ec.europa.eu/economy_finance/index_en.htm DG website]

{{CommissionPortfolios}}

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{{DEFAULTSORT:European Commissioner For Economic And Financial Affairs}}

Category:Eurogroup

Economic and Monetary Affairs

Commissioner Economic