'Mr Euro' quits EU for Spanish fin min job

Pedro Solbes, a staunch defender of the eurozone's stability and growth pact, is stepping down as European economic and monetary affairs commissioner on 11 April to take up the post of finance minister in Spain's incoming Socialist government.

Solbes, 61, will also serve as second deputy prime minister, Socialist party sources said.

Earlier Wednesday, European Commission chief Romano Prodi said he was ready for Solbes' possible resignation, saying the two had had "exchanges of views covering th