[3][4] Dijsselbloem’s interest in politics began in 1983, spurred by the mass protests against U.S. Pershing cruise missiles that drew hundreds of thousands of Dutch youth into leftwing movements.

From 1996 to 2000 he worked at the Ministry of Agriculture, Nature and Fishery under Minister Jozias van Aartsen and State secretary Geke Faber.

[citation needed] On 15 November 2012, Dijsselbloem was appointed by Queen Beatrix of the Netherlands to serve as Minister of Finance in the Second Rutte cabinet.

[8] Shareholders and owners of subordinated debt are expropriated with no compensation and others banks of the country have to contribute to the takeover up to one billion euros.

[9] By December 2013, Dutch press named Dijsselbloem politician of the year, describing him as "intelligent, balanced and good at finding compromises".

[citation needed] On 21 January 2013, Dijsselbloem took office as President of the Eurogroup, a grouping of the Ministers of Finance of the Eurozone, those member states of the European Union (EU) which have adopted the euro as their official currency;[12][13] he succeeded Jean-Claude Juncker.

[citation needed] Dijsselbloem struggled early in his two and a half-year term and faced criticism for his handling of the "Cyprus bail-in.

[18] As Eurogroup head, Dijsselbloem later represented European creditors in negotiations with Greece over its bailout packages following Syriza's victory in the January 2015 legislative election.

[21] The negotiations for a new bailout package failed to meet the deadline for a €1.1 billion repayment to the IMF on midnight 1 July 2015 (Athens time).

[26] During the debate on the third bailout agreement in the House of Representatives of the Netherlands on 15 July, Dijsselbloem criticised the Syriza government as ideologues, saying that their "every sentence had ideological baggage".

[27] He also received criticism for subterfuge in return from Greece's chief negotiator, the Finance Minister Yannis Varoufakis, who published this account in his book Adults in the Room: "From my first Eurogroup, Jeroen Dijsselbloem began an intensive campaign to bypass me altogether.

[30] In a subsequent letter requesting that he be reappointed to serve another two-and-a-half years as Eurogroup chair, Dijsselbloem pledged that he would push for eurozone-wide social and fiscal reforms designed to promote the smooth functioning of the currency union.

[34] In March 2017, he told the German newspaper Frankfurter Allgemeine Zeitung "As a Social Democrat, I attribute exceptional importance to solidarity.

[37] The Portuguese Prime Minister, António Costa, said his words were "racist, xenophobic and sexist" and that "Europe will only be credible as a common project on the day when Mr. Dijsselbloem stops being Head of the Eurogroup and apologises clearly to all the countries and peoples that were profoundly offended by his remarks".

[38] Former Italian Prime Minister Matteo Renzi also called on Dijsselbloem to quit, saying that "if he wants to offend Italy, he should do it in a sports bar back home, not in his institutional role".

It is not for nothing that the aid programs of the European emergency fund are accompanied by strict conditions: You get very cheap loans provided you take action to restore order.