Juncker hands EU finance portfolio to Dombrovskis

June 25, 2016 12:17 PM

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BRUSSELS, June 25 European Commission Vice President Valdis Dombrovskis will take over the EU's financial services portfolio, Commission President Jean-Claude Juncker said in a statement on Saturday following the resignation of Britain's Jonathan Hill.

Dombrovskis, a former prime minister of euro zone member Latvia, currently has responsibility for the single currency in the 28-member college of commissioners, one from each EU member state. Hill resigned after Britain's referendum decision to leave the EU -- a decision he had campaigned against.

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