On this occasion, the President received the Treaties from David Sassoli, President of the European Parliament, in a symbolic hand-over. In the new Commission, Valdis Dombrovskis becomes Executive Vice-President for the portfolio An Economy that Works for People, while Paolo Gentiloni assumes the position of Commissioner for the Economy. They will be responsible for advancing key initiatives such as Deepening the Economic and Monetary Union (EMU), integrating the United Nations Sustainable Development Goals into the European Semester, boosting invesments via the InvestEU Programme and the Sustainable Europe Investment Plan, and strengthening the international role of the euro.