Jean-Claude Juncker, European Commission President-elect, announced his new Commission team and structure on the 10th of September. This included Valdis Dombrovskis, Kristalina Georgieva and Johannes Hahn, speakers at the European Business Summit 2014.
Juncker announced a number of changes to the structure of the new Commission, including the reshaping and streamlining of certain portfolios plus seven Vice-Presidents - six plus the High Representative of the Union for Foreign Policy and Security Policy, Federica Mogherini. Each Vice-President will manage a project team based on particular themes. The First Vice-President, Frans Timmermans, will act as right-hand man to the President.
Two out of the seven Vice-Presidents, spoke at EBS 2014 - Valdis Dombrovkis and Kristalina Georgieva. In addition to their Vice-Presidency roles, Dombrovskis will act as Commissioner for the Euro & Social Dialogue, and Georgieva will be Commissioner for Budget & Human Resources.
Among the re-configured portfolios is the new Internal Market, Industry, Entrepreneurship and SME portfolio under Polish Commissioner ElĹľbieta Bie?kowska.
Johannes Hahn, former Commissioner for Regional and Urban Policy, will take up the role of Commissioner for European Neighbourhood Policy and Enlargement Negotiations.
The new team still has to be approved by the European Parliament and will have to demonstrate during hearings with MEPs they are up to the task. If confirmed by Parliament in a vote in October, the European Commission will take office on the 1st of November.
We wish all the best to Jean-Claude Juncker and his team for the next five years. We hope to welcome many of them at the 2015 European Business Summit to present their priorities to the business community. We hope as, President-elect Juncker put it, the team can "put Europe back on the path to jobs and growth".