Juncker´s Succession: Faymann Out of the Race

Politics ♦ Published: December 6, 2012; 22:43 ♦ (Vindobona)

The talks about the succession of Jean-Claude Juncker as chairman of the Euro-Group are going on. Austria´s Chancellor has only little prospects.

Juncker´s Succession: Faymann Out of the Race / Picture: © Flickr / Werner Faymann, Thomas Jantzen

After Jean-Claude Juncker has announced to step down as chairman of the Euro-Group, a successor has not been found yet. Initially, the German Finance Minister Wolfang Schäuble was treated as most promising candidate. Now, his French counterpart Pierre Moscovici seems to have better prospects. Political observers say that both countries could blockade each other. In the end, France and…