By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
IndebtaIndebta
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Notification Show More
Aa
IndebtaIndebta
Aa
  • Banking
  • Credit Cards
  • Loans
  • Dept Management
  • Mortgage
  • Markets
  • Investing
  • Small Business
  • Videos
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Follow US
Indebta > News > Dutch government set to nominate foreign minister as EU commissioner
News

Dutch government set to nominate foreign minister as EU commissioner

News Room
Last updated: 2023/08/24 at 9:48 PM
By News Room
Share
3 Min Read
SHARE

Receive free European Commission updates

We’ll send you a myFT Daily Digest email rounding up the latest European Commission news every morning.

Dutch foreign minister Wopke Hoekstra is expected to be nominated on Friday as a EU commissioner, replacing Frans Timmermans who left to run for prime minister of the Netherlands.

The Dutch cabinet is set to meet on Friday and three people with knowledge of the matter told the Financial Times they would agree to send Hoekstra to Brussels.

The 47-year-old Christian Democrat, whose party is a member of the centre-right European People’s party of commission president Ursula von der Leyen, is likely to take on the climate portfolio.

Hoekstra has been at the forefront of efforts to support Ukraine as it defends itself against Russian aggression. The Netherlands this week was the first allied nation, along with Denmark, to confirm it would send F16 fighter jets to Ukraine.

The minister faces a tough confirmation hearing in the European parliament, even if his term is only set to last until next year, when a new commission will be formed after EU elections in June.

As finance minister between 2017 and 2022 Hoekstra stood up for fiscal discipline in the EU budget, frustrating many southern member states such as Italy and Greece.

In 2020 Portuguese prime minister António Costa said Hoekstra’s call for an investigation into Spain’s finances after it appealed for support to cope with the impact of the Covid-19 pandemic was “repugnant” and “a threat to the EU’s future”.

Iratxe García, a Spanish MEP and leader of the S&D group in parliament, said his attitude was “offensive, ignorant and arrogant”.

Hoekstra held out against plans for common borrowing to deal with the crisis for several weeks. 

He could also face questions over his career at oil company Shell where he worked from 2002-4 before joining consultancy McKinsey.

The graduate of France’s INSEAD business school announced in July he would not lead the Christian Democrats into the November elections after the four-party coalition collapsed over immigration policy.

Outgoing Dutch prime minister Mark Rutte was keen for a swift appointment to ensure the Netherlands retains a strong voice in Brussels.

He was among several candidates, with many observers expecting Sigrid Kaag, finance minister, to get the job. One person with knowledge of the situation said von der Leyen’s decision to drop her usual stipulation for capitals to prioritise female candidates had tilted the odds against Kaag.

Hoekstra is expected to represent the EU at crucial COP climate negotiations in Dubai that start in November.

The Dutch government declined to comment.

Read the full article here

News Room August 24, 2023 August 24, 2023
Share this Article
Facebook Twitter Copy Link Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Finance Weekly Newsletter

Join now for the latest news, tips, and analysis about personal finance, credit cards, dept management, and many more from our experts.
Join Now
Apple turns 50: Let’s Talk About It

Watch full video on YouTube

Inside The U.S. Navy’s $2.3 Billion Retail Business To Aid Military Servicemembers

Watch full video on YouTube

Trump addresses nation as Iran war rattles markets

Watch full video on YouTube

How Kodak’s CEO Plans To Keep The Business Alive After Over 100 Years

Watch full video on YouTube

BCX: Compound Your Income With Commodities Exposure (NYSE:BCX)

This article was written byFollowNow retired, I am an income-oriented investor seeking…

- Advertisement -
Ad imageAd image

You Might Also Like

News

BCX: Compound Your Income With Commodities Exposure (NYSE:BCX)

By News Room
News

Inside China’s plans to fight in space

By News Room
News

Equity Outlook Q2 2026: Global Growth Holds Firm As Geopolitical Risk Simmers

By News Room
News

Politics And The Markets 04/26/26

By News Room
News

America’s bid for energy supremacy is being forged in war

By News Room
News

Crude Oil Trades Above $95 Ahead Of Weekend Risk – WTI Technical Analysis

By News Room
News

PLS Group Limited (PILBF) Q3 2026 Sales/Trading Call Transcript

By News Room
News

Politics And The Markets 04/23/26

By News Room
Facebook Twitter Pinterest Youtube Instagram
Company
  • Privacy Policy
  • Terms & Conditions
  • Press Release
  • Contact
  • Advertisement
More Info
  • Newsletter
  • Market Data
  • Credit Cards
  • Videos

Sign Up For Free

Subscribe to our newsletter and don't miss out on our programs, webinars and trainings.

I have read and agree to the terms & conditions
Join Community

2023 © Indepta.com. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?