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Von der Leyen names European Commission’s new top team

by ArticleHeader-author
September 17, 2024
in Business
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European Fee President Ursula von der Leyen attends a press convention, on the day of a European Union leaders summit, in Brussels, Belgium March 22, 2024. 

Johanna Geron | Reuters

EU Fee President Ursula von der Leyen on Tuesday named Spain’s ecological transition minister Teresa Ribera because the bloc’s subsequent antitrust commissioner whereas Estonia’s Kaja Kallas can be in control of international coverage.

Lithuania’s Andrius Kubilius will turn into the EU’s first defence commissioner – a brand new position designed to construct up European army manufacturing capability within the face of Russian aggression in Europe’s jap flank.

Different names on the checklist of EU Commissioners embrace French Overseas Minister Stephane Sejourne in control of industrial technique, whereas Slovakia’s Maros Sefcovic will oversee commerce insurance policies.

The Fee is the 27-country European Union’s strongest establishment. It has the ability to suggest new EU legal guidelines, block mergers between corporations and signal free commerce offers.

Every EU member state could have one seat on the Fee’s desk, a job corresponding to a authorities minister, though its political weight varies vastly relying on the portfolio.

All candidates will bear hearings with lawmakers within the European Parliament who must log out on their nomination.

Ribera might want to fill the footsteps of Denmark’s long-serving antitrust chief Margrethe Vestager, who lately stepped up the strain on Massive Tech to permit honest competitors on its platforms.

She may even oversee the EU’s stance on international subsidies, one other hot-button challenge as corporations in key sectors like electrical autos and power manufacturing are struggling to defend their enterprise fashions towards low-cost competitors from overseas, significantly from China.

All commissioners will report back to German conservative von der Leyen, who this summer time was handed a second time period as EU chief government by member states after her political camp gained essentially the most votes in EU elections.

The subsequent EU Fee is anticipated to take workplace by the tip of the 12 months, which means considered one of its first duties can be fielding the result of the U.S. presidential election in November.

A second Trump presidency may sharply alter Western unity on supporting Ukraine towards Russia’s invasion and up-end EU commerce relations with the world’s greatest economic system.

There was some drama on Monday on the subsequent Fee’s line-up, when France picked Overseas Minister Stephane Sejourne as its new candidate after the incumbent, Thierry Breton, abruptly stop with powerful phrases for von der Leyen.



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