The powerful Competition Commissioner Margrethe Vestager is leaving the European Commission. Although it has shown toughness against US Internet companies, it has also suffered bitter defeats – and sometimes even embarrassing ones.
She is one of the most powerful politicians in Europe. And the people of Europe know their name and their job, which is not the case for many EU commissioners. Nevertheless, Margrethe Vestager’s career in the Brussels authority will end next year. The Dane has now announced that she will soon be moving to the head of the EU development bank EIB. The previous President of this European Investment Bank, the FDP politician Werner Hoyer, stops at the turn of the year.