Irishman, Declan Costello, will replace German Mattias Mors as head of the European Commission's delegation in the Troika. Declan Costello will take up his new post on 1 May, replacing Mattias Mors.
Costello, who is Irish, has been acting director for resources and communication in the same department for the past two years; he has spent his entire 23-year career with the Commission in the department, except for a secondment to the private office of Portugal's finance minister in 1992, when Portugal held the rotating presidency of the Council of Ministers.
Declan Costello is an economist working in the Directorate General for Economic and Financial Affairs of the European Commission since 1991. Currently he is Head of Unit in the department responsible for ‘Structural reform policy strategy". Prior to this, he was heading the unit responsible for "Labour markets and welfare systems, including economic aspects of ageing population and taxation", with particular responsibility for carrying out long-run projections on the impact of ageing populations on public spending on pensions, health care and long-term care. He has also worked on issues related to the surveillance of the budgetary policies of EU Member States, with particular responsibility for assessing the sustainability of public finances and carrying out long-run projections on the impact of ageing populations on public spending on pensions, health care and long-term care. He has a degree in economics from Trinity College Dublin and a Masters degree for the College of Europe, Bruges.
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