Juncker hands EU finance portfolio to Dombrovskis

European Commission Vice President Valdis Dombrovskis will assume control over the EU's money related administrations portfolio, Commission President Jean-Claude Juncker said in an announcement on Saturday taking after the abdication of Britain's Jonathan Hill.

Dombrovskis, a previous head administrator of euro zone part Latvia, as of now has obligation regarding the single cash in the 28-part school of officials, one from every EU part state. Slope surrendered after Britain's choice to leave the EU - a choice he had battled against.

England will be qualified for designate another magistrate the length of it stays in the Union. That individual's portfolio will be dictated by Juncker in counsel with the British government, potentially the successor of Prime Minister David Cameron, who declared his own particular acquiescence on Friday.

(Reporting by Alastair Macdonald, Editing by Gabriela Baczynska)


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