Myrrh McGuinness has been chosen as the next Irish commissioner following the resignation of Phil Hogan, who will be given a financial services portfolio.
“Ms McGuinness, who has been MEP since 2004, has significant political experience and is currently the first Vice President of the European Parliament,” said Ursula von Der Lane, President of the European Commission.
This experience is crucial in advancing the EU’s monetary policy agenda and ensuring that it supports and strengthens the Commission’s top priority, especially the dual green and digital transition. ”
Fine Gayle MEP, who has been Vice President of the European Parliament for a long time since 2014, holds a high position in Brussels.
Former Prime Minister and Commissioner of Latvia Valdis Dombrovsky will take over the commercial portfolio from 2014. Hogan resigned amid a dispute over Ivoryland’s Covid-19 breach of self – isolation laws.
The Commission considers that the Financial Stability, Financial Services and Capital Markets Union portfolio was formerly part of Mr. Dombrovsky’s briefing and is leading the Commission’s banking and financial reforms.
I suggest AMaireadMcGMEP Became future financial services commissioner. They have excellent qualifications and I have full confidence for this post. The hearings are currently being held by the European Union Parliament. Executive Vice President @ V. Dombrovsky The trade portfolio will be taken over. pic.twitter.com/OwGxwvpBad
– Ursula von der Lane (onder vonderline) September 8, 2020
Congratulations AMaireadMcGMEP In his appointment as European Commissioner in an important economic department. This is a great day for her and her family. I have no doubt that they will act differently and play an important role in the work of the Commission. 🇮🇪 🇪🇺
– Michael Martin (icMichealMartinTD) September 8, 2020
Former European Investment Bank Vice President Andrew McDowell has been nominated by Dr. The decision came shortly after Von der Lane was interviewed. “A man and a woman should be nominated for this role,” he said. At the request of von der Lane, the Irish government put forward two names.
The best candidates are those who are “experienced in EU affairs and, of course, from different perspectives”. Described by von der Lane.
McGuinness will now be subjected to scrutiny and hearing in the European Parliament before the commission’s new make-up is approved by MEPs in a vote.
Welcome
Taoist Michael Martin welcomed the appointment of Miss McGinnon to the “important finance department.”
“I have no doubt that they will act differently and play a key role in the work of the Commission,” Martin said.
Dr. Hogan was reprimanded by Dublin for exerting undue political pressure to fire him. Ireland is being watched in Brussels following rumors that Von der Lane could allow the new commissioner a high-quality portfolio.
Financial services are an important acronym that aims to create a single market for capital in the European Union, economic power and leading banking industry reforms to strengthen stability and prevent the recurrence of past financial crises.
This summary is in line with the European Union’s landmark plan to borrow $ 750 billion in international markets to make a financial recovery from the corona virus pandemic. This is particularly important in the context of the challenges facing the city of Brexit London and the relocation of certain financial services to EU hubs, including Frankfurt, Amsterdam and Dublin.
Ireland’s reputation as a liberal libertarian in banking and finance has been reported in some Brussels circles.
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