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Ireland’s Paschal Donohoe wins Eurogroup presidency

Published: (Updated: ) in European News by .

Eurozone finance ministers elect new leader amid coronavirus recovery efforts.

Irish Finance Minister Paschal Donohoe is the next president of the Eurogroup.

Eurozone finance ministers elected Donohoe this evening in a secret ballot conducted online.

Donohoe prevailed over Spain’s Nadia Calviño and Luxembourg’s Pierre Gramegna with a majority vote. That means at least 10 countries backed him for the influential post, following weeks of politicking among governments.

He will begin a two-and-a-half-year term on Sunday, succeeding Mário Centeno of Portugal.


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