European Commissioner for Economy

The European Commissioner for Economy and Productivity is the member of the European Commission responsible for the European Union’s economic and fiscal policy, including surveillance of national budgets and coordination of economic governance. The Commissioner leads the Directorate-General for Economic and Financial Affairs and plays a central role in the implementation of the European Semester and the enforcement of the Stability and Growth Pact.
The European Commissioner for Economy historically oversaw a broader range of responsibilities than today. In addition to economic and fiscal policy, past holders of the role were also responsible for financial affairs, investments, employment, taxation, customs and credit regulation. Over time, many of these functions have been reassigned to other Commissioners, leaving the Economy Commissioner focused primarily on macroeconomic governance, budgetary surveillance, and coordination with Member States.
The current Commissioner is Valdis Dombrovskis, who has held the office since 1 December 2024.