Eurogroup head Jeroen Dijsselbloem to quit Dutch politics

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Eurogroup chief Jeroen Dijsselbloem is leaving Dutch politics and will give up his Labour Party seat, he said in a letter posted online Wednesday. Dijsselbloem will step down on Oct. 25, after five years as finance minister and 17 years as a member of parliament, when a new government comes in. “The election results of March 15 ultimately determined the time of departure. The Labor Party, my party, needs further and needs nine guns. I have now come to the conclusion that in this role, at this stage, I do not have that firepower,” Dijsselbloem said in the letter. But he will continue as president of the Eurogroup, the group of eurozone finance ministers, until the end of his mandate in mid-January.

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