Finance ministers from Europe's 20-country single currency area are to choose the next Eurogroup chief on Thursday, as the EU weighs a tough decision on using frozen Russian assets to aid Ukraine.

Belgium's Vincent Van Peteghem and Greece's Kyriakos Pierrakakis are running to replace Ireland's Paschal Donohoe -- who resigned in a surprise move from the head of the powerful panel of eurozone finance ministers.

Pierrakakis, 42, has been in charge of Greece's finances since March, after earlier stints as minister of digital governance and education.

Van Peteghem, 45, a staunch advocate for fiscal consolidation in a country with one of the worst debt ratios in the eurozone, has looked after Belgium's financial matters since 2020, serving in two successive coalition governments.

His candida

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