Frankfurt round

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Frankfurter Runde stands for the name of a new, informal, top- level body of leading politicians in the Euro Group , a kind of “ kitchen cabinet ” for the Euro debt crisis. The committee should at least facilitate the preparation of the upcoming important decisions, which are still formally made in the large group. The group has no official but a strong political function. The body is not a (new) EU institution.

The number of participants fluctuates around six, seven, eight people. Participants are the German Chancellor Angela Merkel , the French President François Hollande and the Chairman of the Eurogroup Jeroen Dijsselbloem (Netherlands), IMF boss Christine Lagarde (France), EU Council President Herman Van Rompuy (Belgium), and EU Commission President José Manuel Barroso (Portugal) and the ECB President Mario Draghi (Italy).

The foundation goes back to October 19, 2011, when leading politicians of the Euro Group in the Alte Oper in Frankfurt am Main on the occasion of the departure of the ECB President Jean-Claude Trichet for crisis talks in order to find a solution to the dispute over the Euro rescue fund EFSF met. In the immediate aftermath, the body met several times, especially on the sidelines of the EU summit of the European Council (so-called euro summit or summit of the euro zone) on October 23, 2011 in Brussels (meeting the evening before at Merkel's invitation) and on October 27, 2011 in Cannes . In this context, the further decision of the euro zone in October to give itself its own structure with its own summit meetings must be taken into account.

Web links

Individual evidence

  1. http://ec.europa.eu/commission_2010-2014/president/news/index_de.htm
  2. Barroso and Juncker fear division of the euro zone https://www.welt.de/politik/ausland/article13708681/Barroso-und-Juncker-fuerchten-Spaltung-der-Euro-Zone.html