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Portugal nominates ex-Finance Minister Albuquerque for European Commission

Portugal nominates ex-Finance Minister Albuquerque for European Commission


During her spell as finance minister on the top of the eurozone disaster, she dealt with the nation’s banking turmoil and steered by means of reforms that had been inspired by the nation’s collectors.

Albuquerque is considered one of solely six ladies to have been put ahead as commissioners, difficult President von der Leyen’s push for a gender-balanced workforce.

Two diplomats instructed POLITICO that von der Leyen may reward feminine candidates by handing them a extra highly effective portfolio.

Albuquerque is predicted to face competitors from incumbent and former finance ministers ― together with Magnus Brunner from Austria, Ireland’s candidate Michael McGrath and the Netherlands’ Wopke Hoekstra ― to safe a job in financial policy-making.

An economist by coaching with years of expertise in her nation’s treasury, Albuquerque misplaced out to her party colleague Carlos Moedas for the nomination as Portuguese commissioner in 2014.

National governments need to nominate their picks earlier than Aug. 30, after which von der Leyen will assign beats to the candidates.

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Written by EGN NEWS DESK

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