Donohoe faces competition in run for Eurogroup President

Donohoe faces competition in run for Eurogroup President

Minister for Finance Paschal Donohoe will face two other candidates as he seeks a new term leading the Eurogroup panel of eurozone finance ministers in a vote on July 7.

European Council | Eurogroup presidency: three ministers put forward their candidacies | European American Chamber of Commerce New York [EACCNY] | Your Partner for Transatlantic Business Resources Eurogroup presidency: three ministers put forward their ca

Three ministers have put forward their candidacy to become president of the Eurogroup: Carlos Cuerpo, Minister for Economy, Trade and Business of Spain Paschal Donohoe, Minister for Finance of Ireland Rimantas Šadžius, Minister for Finance of Lithuania The election of the new president will take place at the next meeting of the Eurogroup on 7 July. The president is elected by a simple majority of the Eurogroup ministers, in line with the Treaty…