Estonia, EU – Baltic States, Financial Services, Latvia, Legislation

Valdis Dombrovskis and Jean-Claude Juncker.

Dombrovskis has also been named Commissioner for the Euro and Social Dialogue.

As vice-president and commissioner for the euro and social dialogue, Dombrovskis will work closely with the other vice-presidents. In his area of responsibility, he will steer and coordinate the work of several Commissioners for Economic and Financial Affairs, Taxation and Customs; Employment, Social Affairs, Skills and Labor Mobility; Financial Stability, Financial Services and Capital Markets Union; Internal Market, Industry, Entrepreneurship and SMEs; Regional Policy; Justice, Consumers and Gender Equality.

Meanwhile, Britain's Jonathan Hill gets EU financial services post, while France's Pierre Moscovici has been appointed the new EU commissioner of economic and financial affairs.

"In these unprecedented times, Europe's citizens expect us to deliver. After years of economic hardship and often painful reforms, Europeans expect a performing economy, sustainable jobs, more social protection, safer borders, energy security and digital opportunities. Today I am presenting the team that will put Europe back on the path to jobs and growth. In the new European Commission, form follows function. We have to be open to change. We have to show that the Commission can change. What I present to you today is a political, dynamic and effective European Commission, geared to give Europe its new start. I have given portfolios to people – not to countries. I am putting 27 players in the field, each of whom has a specific role to play – this is my winning team,'' Juncker said after announcing his new Commission team today.

The makeup of the new European Commission must now be confirmed by the European Parliament, with a vote expected in October.