Herman Van Rompuy Rompuy was Deputy Prime Minister and Minister of Budget from September 1993 to July 1999 in the two governments led by Jean-Luc Dehaene. As budget minister, together with finance minister Philippe Maystadt, he helped drive down Belgium's debt from a peak of 135% of gross domestic product (GDP) in 1993. It fell to below 100% of GDP in 2003. He was elected to the Belgian Chamber of Representatives in the 1995 general election, but as he remained a minister, he was barred from taking the seat while holding that office. After his party's defeat in the 1999 Belgian general election,
Herman Van Rompuy After this second mandate he could not have been re-elected because the European Council President's term of office can only be extended once. Herman Van Rompuy was also appointed as the first President of the Euro Summit, and this for the same term of office as his Presidency of the European Council. The Euro Summit meetings are to take place at least twice a year. In 2014, Van Rompuy was awarded the International Charlemagne Prize of Aachen for his EU role. Although the European Council is, under the terms of the Lisbon treaty, a separate institution of the EU, it