EU

Margrethe Vestager makes bid for European Investment Bank presidency

EU’s competition commissioner who made Apple pay Ireland over €13bn, steps aside from her role

Margrethe Vestager - ‘the long-time scourge of tech giants and rate-rigging banks’

Margrethe Vestager, who led the Apple Ireland tax case, has stepped aside from her role as the European Union’s competition commissioner after her bid to lead the European Investment Bank (EIB) became formal.

Under EU rules, the Dane has to take a temporary leave of absence that could be made permanent if she is confirmed as the new president of the bloc’s lending arm — a job scheduled to start on January 1 following the ...