However, until now, the Eurogroup president has always been a finance minister, a European official, who asked to remain anonymous due to the nature of the issue, told CNBC, putting aside the possibility of Dijsselbloem keeping the European role even outside the Dutch finance ministry.
This means that once a new government is formed in the Netherlands, which can take months, Dijsselbloem is likely to leave the seat of Eurogroup president.
“If he no longer holds the position of finance minister once a new government has been formed in the Netherlands, it will be up to the Eurogroup to decide on how to proceed,” a second EU official told CNBC.
“The president of the Eurogroup is elected by a majority of the ministers of the euro zone member states. There is however no formal document laying down rules for these specific circumstances,” he added.
A potential candidate for Dijsselbloem’s seat is the finance minister of Spain, Luis de Guindos. He has previously run against Dijsselbloem for the presidency of the Eurogroup but it failed to gather enough support at the time.
