President of the European Council extended his influence into financial policy, the most important area left to the rotating Council presidency, with the rotating presidency seeing a greater decrease in power than previously planned. Many of the changes introduced with the Lisbon Treaty need concretion through practical implementation by the current actors. The Spanish presidency unsuccessfully tried to challenge the European Council president's prominent post during the first rotating presidency of 2010, while the second half of the year saw a Belgian rotating presidency marked by a weakened caretaker government which did not challenge Herman van Rompuy, himself a Belgian politician. The Belgian rotating presidency
Herman Van Rompuy to Van Rompuy calling an extraordinary meeting of the Eurozone heads of state or government in July to adopt a first package of further measures (notably longer term loans at lower interest rates, private sector debt-writedown, further fiscal consolidation in Greece) and again in October (in conjunction with full European Council meetings) to contain contagion from Greece to other countries (through bank recapitalisation across Europe and by leveraging the firepower of the EFSF to about €1 trillion). His first two years were also marked by his role in co-ordinating European positions on the world stage at G8 and G20 summits