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Finance Minister Paschal Donohoe to retain presidency of Eurogroup
- Ireland's Paschal Donohoe was re-elected as president of the Eurogroup after Carlos Cuerpo from Spain and Rimantas `ad~ius from Lithuania withdrew their candidacies on the day of the vote.
- Donohoe received all twenty votes from the eurozone finance ministers and will serve a third term.
- Cuerpo and `ad~ius withdrew to maintain consensus, with Cuerpo admitting his candidacy lacked backing.
- Donohoe's election was supported by ministers from Germany and France.
29 Articles
29 Articles
The Irishman, belonging to the conservative Fine Gael party, will assume his third term as head of the European institution.
Ireland set for 3rd term as Eurogroup head after Donohoe 'elected by consensus'
PASCHAL Donohoe has been appointed President of the Eurogroup for a third successive term. It comes after the US pushed this week’s deadline for the end of its “pause” on higher EU tariffs to August 1. The Finance Minister was the only candidate for the role after the Spanish and Lithuanian nominees withdrew shortly before the vote. Donohoe, 50, was “elected by consensus” for another two-and-a-half years, the Council of the European Union confir…
Eurogroup leader Donohoe has been confirmed for a third term.
The Eurogroup has unanimously elected Paschal Donohoe, Irish Finance Minister, as its President for a third term. The two and a half years' mandate will begin on 13 July 2025. The Eurogroup is the assembly that brings together the economic and financial ministers of the euro countries. As I promised ministers in 2020, I have been and will remain an authentic and honest mediator in our negotiations, ensuring that all the voices and positions were…
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