News Summary: Dutchman backed for Eurogroup job

News Summary: Germany, Luxembourg laud Dutchman for Eurogroup's top job

Associated Press
News Summary: Dutchman backed for Eurogroup job

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Luxembourg's Prime Minister and head of the eurogroup Jean-Claude Juncker, right, walks with Dutch Finance Minister Jeroen Dijsselbloem in Luxembourg on Friday, Jan. 18, 2013. The outgoing leader of the group of finance ministers from the 17 European Union countries that use the euro is meeting with Jeroen Dijsselbloem on Friday, another indication the Dutch finance minister will take the post next week. (AP Photo/Virginia Mayo)

FLYING DUTCHMAN: Dutch finance minister Jeroen Dijsselbloem is drawing support to become the leader of Eurogroup, which conducts the regular meetings of the 17 eurozone finance ministers as they deal with a regional financial crisis.

AN ENDORSEMENT: The outgoing chairman of the Eurogroup, Luxembourg Prime Minister Jean-Claude Juncker, said Friday that Dijsselbloem (DIE-sell-bloom) would be a good candidate for the job. Germany has also spoken well of him,

THE STAKES: Netherlands has over the past three years mostly sided with Germany and other northern European states in pushing for tough rules and conditions in exchange for bailouts for financially weaker countries, mostly in the south.

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