Outgoing Finland PM named to key EU economics post

Jyrki Katainen. Finland, 2014. [EPP/Flickr]

Jyrki Katainen, Finland's outgoing prime minister, is to become the EU's interim Economics Affairs commissioner, replacing compatriot Olli Rehn, who is leaving to join the European Parliament, the EU said Wednesday (25 June).

"I decided to attribute to Jyrki Katainen all the responsibilities so far performed by Olli Rehn," said European Commission chief José Manuel Barroso, upon announcing Rehn's successor to the top EU economic job.

Katainen, 42, announced in April that he would resign to pursue a career in Brussels, and had made no secret of his intentions to be considered a compromise candidate to head the Commission, should member states reject the controversial appointment of former Luxembourg leader Jean-Claude Juncker.

>> Read: Katainen joins Commission, Stubb assumes PM role

The conservative Katainen takes the economics portfolio until October 31, when new leadership is set to take over the Commission, the EU's executive body staffed by 28 people, one for each member state.

Katainen takes the job amid a push by centre-left leaders to ease the Commission's strict budget rules, which are blamed by some for the sluggish growth and high unemployment still gripping Europe.

Barroso said no government had actually requested a modification of the rules, known as the Stability and Growth Pact, adding that he believed the Commission was unfairly singled out for imposing economic hardship on member states.

"Certain people are unfairly trying to make it seem that someone in Brussels is imposing their views," he said.

Katainen will be replaced as Finnish prime minister by the 46-year-old Alexander Stubb, who was elected by the ruling conservative party on Saturday to form a new government.



AR's picture

i am Alberto Rodrigues an economic and digital science researcher Given banking secrecy new contest strategics investors are leaving some EU countries and as a negative consequence of this billions euros are going out from eu and millions people are loosing their jobs In order to help EU to solve those problems i had created a list of business opportunities which bring more than 25% profit in less than 75 days and create a digital platform though what Eu citizens can promote world wild those businesses opportunities and get cash money appart of their salary Given that for this purpose they have to oppen a new bank account this project concept apart of help EU solving different priorities problems it help EU banks to get millions of new clients in very short time Apart of this as world wild strategics investors will like to know more about those businesse opportunituies ,EU citizens will need to know how to use the digital platform in order to promote the EU economics advantages ,EU will organize conferences which can be combined with touristic products and then it will be published ebooks ,tools apps ,As things will be done n such a way in a very short time it can be download world wild more than 700 millions units with 20 -30 euro ,this project concept will help eu to get billions euro and create millions of jobs

AR's picture

i am Alberto Rodrigues an economic and digital science researcher Given that 1) One of the few EU economic advantages comparing with his competitors is the fact that EU pollution rate is lower that BRIC countries ,USA ,Singapore etc
2) A big number of strategics investors want to invest , live ,visit or send their kids to study in less pollueted places in the world
In order to help Eu to make those advantages he have to be more visible and give them a strong sign that EU are making even more in order to make things be better ,i had created a project concept with the scope to teach entrepreneurs ,companies about business opportunities which bring hig profit in very short time but without consuming resourses and producing pollution If companies will know about those business opportunites ,pupils ,students ,ina very short time they will start making such business and not those which consume resources and produce pollution and like this EU will reduce more and more pollution rate without forcing companies to invest inechipment new technology to reduce pollution

AR's picture

i am Alberto Rodrigues an economic and digital science researcherEurope Union can have an economic fantastic growth Given that nowadays we have two economy the realy and the digital one and in different EU countries just 5-7% of companies are doing a busines in the digital economy and in some other more than 87% do not know how to do such business and increase sales just using new technology advantages ,if EU will increase the number of those who will make business in digital economy after they will lern what they must do ,and reduce the number of those who are doing business in digital economy but they do not know what to do ,Europe Union will have and economic fantastic growth with few investments For this purpose Europe Union must oblige educations instituts to incluse such issues in their education programme ,teach pupils what they have to do to help companies to get profit using new media and techology advantage Teach entrepreneurs which fields they can do those kind of business and get high profit in short time For this purpose instead to block funds in different projects which do not bring income and create a large number of jobs ,EU can finance with priorities projects which can bring more than 25% profit in less than 75 days ,business which do not consume resourses and make pollution ,Projects in order to teach entrepreneurs how they can do business in digital economy and prepare pupils and students who will know what to do in order to help EU companies to get high profit doing business in digital economy