European Commission President Ursula von der Leyen named former Latvian Prime Minister Valdis Dombrovskis as the EU's new trade policy chief in Brussels on Tuesday, following the resignation of Ireland's Phil Hogan last month.
«Executive Vice-President Valdis Dombrovskis will assume responsibility for the trade portfolio, and he will remain the Commission's representative on the Eurogroup, alongside with Commissioner Gentiloni,» Von der Leyen said.
She went on to name Mairead McGuinness as Ireland's replacement EU commissioner, who will be in charge of financial services, financial stability and the Capital Markets Union from now on.
«Ms McGuinness has significant political experience on EU issues, having been an MEP since 2004 and currently holding the post of first Vice-President of the European Parliament. This experience is crucial in carrying forward the EU's financial sector policy agenda and ensuring it supports and strengthens the Commission's key priority, notably the twin green and digital transition,» von der Leyen said.
Former trade commissioner Phil Hogan resigned following a scandal over flouting COVID-19 restrictions, where it emerged he had travelled across Ireland despite measures put in place to battle coronavirus.