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Ireland’s Donohoe on track to lead Eurogroup for new term

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Irish Finance Minister Paschal Donohoe is on track to continue leading the Eurogroup — the grouping of the 19 countries using the euro — after emerging as sole candidate for a new term.

The European Council said in a statement that Donohoe was the only participating minister to put forward a candidacy — meaning the others effectively endorsed him continuing in the post for another two-and-a-half years.

Donohoe has been chairing the group since July 2020. The Eurogroup formally elects its president on December 5, with the new mandate starting on January 13, 2023.

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AFP

Agence France-Presse (AFP) is a French international news agency headquartered in Paris, France. Founded in 1835 as Havas, it is the world's oldest news agency.