Wikipedia

European Commissioner for Economy

European Commissioner for Economy and Productivity
Flag of Europe
since 1 December 2024
European Commission
Member ofEuropean Commission
Reports toPresident of the European Commission
Term length5 years
Inaugural holderRobert Marjolin
Formation1958

The European Commissioner for Economy and Productivity[a] is the member of the European Commission responsible for the European Union’s economic and fiscal policy, including surveillance of national budgets and coordination of economic governance. The Commissioner leads the Directorate-General for Economic and Financial Affairs (DG ECFIN)[1] and plays a central role in the implementation of the European Semester and the enforcement of the Stability and Growth Pact.

The European Commissioner for Economy historically oversaw a broader range of responsibilities than today. In addition to economic and fiscal policy, past holders of the role were also responsible for financial affairs, investments, employment, taxation, customs and credit regulation. Over time, many of these functions have been reassigned to other Commissioners, leaving the Economy Commissioner focused primarily on macroeconomic governance, budgetary surveillance, and coordination with Member States.

The current Commissioner is Valdis Dombrovskis, who has held the office since 1 December 2024.

List of Commissioners

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No. Portrait Name Term Party Commission Member state Portfolio also included
European National
1 Robert Marjolin 1958–1967 SOC SFIO Hallstein I

Hallstein II


France 		Financial Affairs[b]
2 Raymond Barre 1967–1973 Independent[c] Rey

Malfatti Mansholt


France 		Financial Affairs[d]
3 Wilhelm Haferkamp 1973–1977 SOC SPD Ortoli
West Germany 		Finance,

Investments[b]

4 François-Xavier Ortoli 1977–1985 EPP RPR Jenkins

Thorn


France 		Finance and Credit,

Investments[b]

5 Alois Pfeiffer 1985–1987 SOC SPD Delors I
West Germany 		Employment[e]
6 Peter Schmidhuber 1987–1989 EPP CSU Delors I
West Germany 		Employment[e]
7 Henning Christophersen 1989–1995 ALDE V Delors II

Delors III


Denmark 		[b]
8 Yves-Thibault de Silguy 1995–1999 EPP UMP Santer
France 		Credit, Investments
9 Pedro Solbes 1999–2004 PES PSOE Prodi
Spain
10 Joaquín Almunia 2004–2010 PES PSOE Prodi

Barroso I


Spain
*[f] Siim Kallas 2004 ALDE Reform Prodi
Estonia
11 Olli Rehn 2010–2014 ALDE C Barroso II
Finland 		[b]
12 Pierre Moscovici 2014–2019 PES PS Juncker
France 		Taxation, Customs
13 Paolo Gentiloni 2019–2024 PES PD von der Leyen I
Italy
14 Valdis Dombrovskis 2024–present EPP V von der Leyen II
Latvia 		[b]

See also

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Notes

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  1. ^ The portfolio has evolved over time, with its official title changing to reflect shifting priorities. Key names include: Commissioner for Economic and Financial Affairs, Taxation and Customs, and Commissioner for Taxation and Customs Union, Audit and Anti-Fraud.
  2. ^ a b c d e f Concurrently serving as Vice-President of the European Commission
  3. ^ Associated with the Union for French Democracy
  4. ^ Concurrently serving as Vice-President of the European Commission in the Rey Commission
  5. ^ a b Portfolio briefly shared with Abel Matutes when Spain joined the European Communities in 1986.
  6. ^ Acting Commissioner from 9 February to 27 February 2010

References

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  1. ^ "Economic and Financial Affairs - European Commission". commission.europa.eu. 25 August 2025. Retrieved 23 September 2025.
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