Dutch Finance Minister and President of the Euro-Group in Q&A session at university
Jeroen Dijsselbloem, Dutch Finance Minister and President of the Euro-Group will be the main speaker in a Question and Answer session which will take place on Thursday, 24 November from 2pm to 3.30pm at the Arts Lecture Theatre, University of Malta, Msida.
The activity is being led by the Institute for European Studies of the University of Malta in collaboration with the Embassy of the Kingdom of the Netherlands in Malta. All university students are invited to participate in this event.
Speaking in London some days ago, Dijsselbloem said that the EU financial sector is in a much better shape than it was before. But some eurozone banks are still in trouble because they have too many nonperforming loans. To ensure their long-term survival, banks need to take drastic action to strengthen their financial positions.
Mr Dijsselbloem was elected Eurogroup President by Euro area finance ministers on 21 January 2013 and for a second term on 13 July 2015. He is the second person to hold the post since the Eurogroup was founded, the other being the Luxembourgian Jean-Claude Juncker.
Since February 2013, Mr Dijsselbloem has also been the Chair of the Board of Governors of the European Stability Mechanism. The European Stability Mechanism is a permanent European Union agency based in Luxembourg that provides financial assistance, in the form of loans, to eurozone countries or as new capital to banks in difficulty. Its aim is to support banks which find themselves in trouble and so help avoid instability in the financial markets, ultimately protecting the interests of depositors and tax payers.