Dutch Finance Minister Jeroen Dijsselbloem said on Thursday that his term at the helm of the Eurogroup ends in 2018, and let the world in Greece and his Spanish counterpart Luis de Guindos know that he does not intent to leave earlier due to the defeat of his Labor Party in the Dutch elections.

“We have to form a new government coalition but my mandate at the head of the Eurogroup ends in January 2018,” Michel Reijns, spokesman of the Eurogroup president, quoted Dijsselbloem.