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 and bilateral summits, such as the tense 5 October 2010 EU-China summit. He called a special European Council at short notice in early 2011 on the emerging Libya crisis, which, in agreeing conditions for military intervention, made it impossible for Germany to oppose such intervention once the conditions were fulfilled. On 1 March 2012 Herman Van Rompuy was re-elected unanimously as President of the European Council by the heads of state or government of the 27 EU member states. President Van Rompuy's second term has lasted for two and a half years, from 1 June 2012 to 30 November 2014.