US EditionEurogroup Presidency: Three Ministers Put Forward Their Candidacies
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Salzburger NachrichtenIn light of the looming EU deficit procedure, the Eurogroup called on Austria on Monday to take the necessary measures and fulfill its fiscal policy obligations. The body, in which the eurozone countries coordinate their fiscal and economic policies, pointed out in a press release on Monday evening that the EU Council was reviewing the EU Commission's recommendation to initiate the procedure.
Three Finance Ministers from Spain, Ireland and Lithuania have announced their candidacy for the presidency of the Eurogroup, in a process that is expected to culminate in the election of the new president on 7 July. Correspondence from Brussels: George Syriopoulos The candidates are the current president Pascal Donahue (Ireland's Finance Minister), Carlos Cuerpo (Spain's Finance and Trade Minister), and Rimantas Sázjus (Lithuania's Finance Mini…
Lithuanian Finance Minister Rimantas Šadžius is one of the candidates in next week's Eurogroup president election, and the Financial Times casts doubt on his chances of taking the prestigious post.
The Socialist governments of Spain and Lithuania are trying to dethrone Irish Paschal Donohoe, centre-right finance minister of the Eurogroup presidency, but the current president, who has been in office since 2020, remains a strong opponent.
Eurogroup presidency: three ministers put forward their candidacies
Three ministers have put forward their candidacy to become president of the Eurogroup:Carlos Cuerpo, Paschal Donohoe and Rimantas Šadžius. 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’s […]
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