To be honest I couldn't care who is EU president, in my opinion who ever its going to be won't carry any real power, the post will be purely symbolic.
Whoever ends up with the post I'd like to bet the vast majority of Europe's citizens won't have heard of him/her, it'll probably end up being some faceless eurocrat. I imagine this conversation is going on in other EU countries where ex-leaders are trying for one last bite of the cherry.
There is probably a stop Gerhard Schroeder campaign in Germany, with the average German saying, "look what he done to our relationship with the US"

And to all those worried that Tony coming back remember that the French and Germans inevitably do a deal which ends in the Brits being frozen out...so in finishing I'd say TBs chances of EU President are slim to bupkiss.