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European Commissioner for Economic Affairs

Member of the EU Commission

Member of the EU Commission

FieldValue
postEuropean Commissioner
for Economy and Productivity
imageValdis Dombrovskis (cropped).jpg
incumbentValdis Dombrovskis
incumbentsince1 December 2024
appointerUrsula von der Leyen
termlengthFive years
inauguralRobert Marjolin
formation1958
salary€19,909.89 per month
website[European Commission](http://ec.europa.eu/commission_2010-2014/rehn/index_en.htm)

for Economy and Productivity

The European Commissioner for Economic Affairs 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).

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:

  • 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, 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

#NameCountryPeriodCommission
1[[File:Robert Marjolin (1964).jpg60px]]Robert MarjolinFrance1958–1967
2[[File:French Prime Minister Raymond Barre - NARA - 176212.tif60px]]Raymond BarreFrance1967–1973
3[[File:ETH-BIB-Wilhelm Haferkamp, ehemaliger Vizepräsident der Europäischen Kommission-Com LC1500-0959-001.tif60px]]Wilhelm HaferkampWest Germany1973–1977
4[[File:Francois Xavier Ortoli (cropped).jpg60px]]François-Xavier OrtoliFrance1977–1985
5[[File:Henning Christophersen Wikipedia.jpg60px]]Henning ChristophersenDenmark1985–1995
6[[File:Yves-Thibault de Silguy in 1996.jpg60px]]Yves-Thibault de SilguyFrance1995–1999
7[[File:Pedro Solbes 2004 (cropped).jpg60px]]Pedro SolbesSpain1999–2004
8[[File:Joaquin Almunia 2002 (cropped).jpg60px]]Joaquín AlmuniaSpain2004
9[[File:Kallas Siim.IMG 3350.JPG60px]]Siim KallasEstonia2004
10[[File:Joaquin Almunia Mercosul.jpg60px]]Joaquín AlmuniaSpain2004–2010
11[[File:Olli Rehn-2.jpg60px]]Olli RehnFinland2010–2014
12[[File:(Valdis Dombrovskis) Візит Зеленського до інституцій ЄС і НАТО у Брюсселі, 2019, 7 (cropped).jpg60px]]Valdis DombrovskisLatvia2014–present

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

References

References

  1. Rehn was proposed by the [[Government of Latvia]],{{clarify. (September 2014 with the post of Competition Commissioner being assigned by Juncker. The whole Commission was then nominated by the [[Council of the European Union]] and approved by the [[European Parliament]].)
  2. [http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=CONSLEG:1967R0422:20040501:EN:PDF REGULATION No 422/67/EEC, 5/67/EURATOM OF THE COUNCIL], EurLex
  3. Base salary of grade 16, third step is €17,697.68: [http://ec.europa.eu/civil_service/docs/salary_officials_en.pdf European Commission: Officials' salaries] – accessed 19 March 2010
  4. [https://www.ft.com/content/c980127c-d841-11de-8b04-00144feabdc0 Who’s who in the new Commission], Financial Times November 2009
  5. [https://news.bbc.co.uk/2/hi/europe/6357899.stm Royal v Sarkozy: The policies] BBC News
  6. [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. link. (3 March 2016 EurActiv.com)
  7. [http://www.bmbrussels.be/box_bmnewcomm.php THE NEW COMMISSION – SOME INITIAL THOUGHT] {{webarchive. link. (23 September 2006 BM Brussels)
  8. [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
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