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.
Source: POLITICO https://www.politico.eu/article/irelands-paschal-donohoe-wins-eurogroup-presidency/?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication