Europe is concerned about the possibility of France and Italy taking control of the EU’s economic jobs

One of the bloc’s unspoken rules is that the Commission must have a geographically balanced composition in each policy area. In the past five years, Valdis Dombrovskis, a fiscally conservative Commission Vice-President from Latvia, balanced out Italian Paolo Gentiloni’s leadership of the economy department. Dombrovskis is now eyeing a role focusing on Ukraine. Meanwhile, Danish digital and competition czar Margrethe Vestager represented Northern Europe and often disagreed with Breton, who was in charge of the industrial portfolio. Vestager will be stepping down, leaving a gap in the EU for a fiscally liberal leader.

France and Italy, with their significant debt burdens, have traditionally supported looser fiscal rules and more common borrowing. French President Emmanuel Macron and Italy’s Meloni have sometimes found themselves on the same side when it comes to economic policy, surprising many. However, diplomats from frugal EU countries are wary of another Italian or French leader in the economics department due to their spending plans being potentially harmful to the EU.

The absence of a figure like Vestager, who was popular among economically liberal EU countries, leaves a gap in the Commission that has yet to be filled. The need for a balance of fiscal policies within the EU remains crucial to maintain harmony among member states.