US EditionIreland’s Best-Kept Hospitality Secrets Lie Outside of Dublin
EUROGROUP (EUROZONE COUNTRIES), JUL 7 – Carlos Cuerpo withdrew due to insufficient support among Eurogroup finance ministers, allowing incumbent Paschal Donohoe to seek re-election amid calls for consensus and unity.
- Spanish finance minister Carlos Cuerpo withdrew his candidacy for the Eurogroup chair, likely paving the way for Paschal Donohoe’s re-election later today.
- Cuerpo’s withdrawal followed a Spanish economy ministry statement that his support lacked a majority among the 20 euro area finance ministers.
- Donohoe has headed the Eurogroup since 2020 and is known for prioritizing agreement among member countries prior to moving forward with initiatives like capital markets integration.
- The statement noted “intense days gathering numerous supports” and that Cuerpo stepped aside “to favour a choice based on consensus.”
- Donohoe’s likely re-election implies stable leadership for the Eurogroup amid current Eurozone challenges and reduces competition to Lithuanian Rimantas Šadžius.
37 Articles
37 Articles
In the absence of votes, Minister Carlos Cuerpo withdraws from the race for the presidency: confirmed Paschal Donohoe. And the Commission cuts the funds to Spain: "He did not reduce the precarious" The Spanish Minister of Economy Carlos Cuerpo withdrew yesterday from the race for the presidency of the Eurogroup,...
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Ireland’s best-kept hospitality secrets lie outside of Dublin
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Nor has Carlos Córdoba managed to be elected president of the Eurogroup. Before starting the meeting of finance ministers of the euro area in which the election is to be held, the Ministry of Economy has announced the withdrawal. Body has not even reached the vote as did Nadia Calviño (2020) and Luis de Guindos (2015), who did not achieve it either. Now there are two candidates: Irish Pascal Donohoe, current president, and Lithuanian Rimantas Sa…
Carlos Córdoba has withdrawn his candidacy to chair the Eurogroup before even the vote that will take place this afternoon. "After intense days...
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- 41% of the sources lean Left, 41% of the sources are Center
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