Politico argued however on Monday 6 November that the fact that Gramegna is from Luxembourg could be held against him, as the grand duchy’s Jean-Claude Juncker is currently president of the European Commission. Furthermore, Luxembourg has parlaimentary elections in 2018.
Any big personnel decisions in the EU usually strive to find a balance between party membership, nationality and experience.
Other candidates to chair the meetings of EU finance ministers are Peter Kažimír (Slovakia), Mário Centeno (Portugal), Dana Reizniece-Ozola (Latvia), followed by “outsiders” Bruno Le Maire (France) and Pier Carlo Padoan (Italy).
The decision is likely to be announced in December.