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
Panama Papers 2013 letter, unearthed by the "Financial Times" to the then president of the European Council, Herman Van Rompuy, the then Prime Minister of the United Kingdom David Cameron said that offshore trusts should not automatically be subject to the same transparency requirements as shell companies. The Panama Papers revealed that the Minister of Finance of Andorra, Jordi Cinca, while he was CEO of Orfund SA, maintained an offshore company called Mariette Holdings Inc, until its dissolution in 2002 for fear of discovery of his participation in these businesses. The business activities of Orfund had ties to the blood diamond trade,