Eurogroup Working Group (EWG) is an advisory body to the
Eurogroup
The Eurogroup is the recognised collective term for the informal meetings of the finance ministers of the eurozone—those member states of the European Union (EU) which have adopted the euro as their official currency. The group has 19 member ...
of the
European Union
The European Union (EU) is a supranational political and economic union of member states that are located primarily in Europe. The union has a total area of and an estimated total population of about 447million. The EU has often been ...
. It is composed of representatives of the euro area member states of the
Economic and Financial Committee (EFC), the
European Commission
The European Commission (EC) is the executive of the European Union (EU). It operates as a cabinet government, with 27 members of the Commission (informally known as "Commissioners") headed by a President. It includes an administrative body ...
and the
European Central Bank
The European Central Bank (ECB) is the prime component of the monetary Eurosystem and the European System of Central Banks (ESCB) as well as one of seven institutions of the European Union. It is one of the world's most important centra ...
. The President of the Eurogroup Working Group is
Tuomas Saarenheimo, who entered the job in April 2020 and is also the President of the EFC. Previously, the posts had been held by
Hans Vijlbrief
Johannes Alexander "Hans" Vijlbrief (born 17 August 1963) is a Dutch civil servant, economist, and politician, who currently serves as State Secretary for the Extractive Industries. He is a member of the social-liberal party Democrats 66 (D66).
...
and
Thomas Wieser.
[Jim Brunsden and Mehreen Khan (December 14, 2017)]
Dutchman set to become new head of Eurogroup Working Group
''Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs. Based in London, England, the paper is owned by a Japanese holding company, Nikke ...
''.
Formally the Eurogroup Working Group is a formation or a sub-group of the EFC. Gradually, the EWG "became a key venue for policy debates, reflecting the rise of the Eurogroup as the leading coordination forum of the
euro area
The euro area, commonly called eurozone (EZ), is a currency union of 19 member states of the European Union (EU) that have adopted the euro ( €) as their primary currency and sole legal tender, and have thus fully implemented EMU policies ...
".
References
External links
*http://www.consilium.europa.eu/en/council-eu/eurogroup/eurogroup-working-group/
*http://www.consilium.europa.eu/en/council-eu/eurogroup/how-the-eurogroup-works/
*Luke Waller
Thomas Wieser Politico
''Politico'' (stylized in all caps), known originally as ''The Politico'', is an American, German-owned political journalism newspaper company based in Arlington County, Virginia, that covers politics and policy in the United States and intern ...
.
{{Council of the European Union
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