I am deeply honored to be elected as the new President of the #Eurogroup. I look forward to working with all of my Eurogroup colleagues in the years ahead to ensure a fair and inclusive recovery for all as we meet the challenges ahead with determination pic.twitter.com/9k8EQfWSJa
— Paschal Donohoe (@Paschald) July 9, 2020
This evening.
The Department of Finance announces:
The Minister for Finance, Paschal Donohoe TD, has today (Thursday) been elected as President of Eurogroup of Finance Ministers, succeeding Portugal’s Mario Centeno. His term will commence on 13 July, and he will serve for 2.5 years in the role.
Minister Donohoe was elected by his fellow Euro Area Finance Ministers at a meeting of the Eurogroup held by video conference. The other candidates were Minister Nadia Calviño of Spain, and Minister Pierre Gramegna of Luxembourg.
The Eurogroup is the body through which Finance Ministers of the 19 Euro area Member States take decisions on policy issues relating to management of the Euro area economy. Finance Ministers of the eight Member States who are not part of the Euro area frequently attend meetings given the importance of the issues under discussion.
The Eurogroup President has a vital role in shaping the agenda and policy response to major economic issues, including the economic impact of the present COVID-19 pandemic. Minister Donohoe is one of the longest-serving EU Finance Ministers and members of the Eurogroup.
FIGHT!
Meanwhile…
Make #Eurogroup Great Again#MEGA @Paschald pic.twitter.com/b1XxdIffsn
— The New Hanseatic League (@HansaInTheEU) July 9, 2020
Earlier:
Minister @Paschald is attending the #Eurogroup via video conference this afternoon.
Agenda includes the economic & budgetary situation in the euro area, a presentation by @EFB_EU on the assessment of the appropriate fiscal stance and the election of the new Eurogroup President. pic.twitter.com/RlMeufK2NN
— Department of Finance (@IRLDeptFinance) July 9, 2020
Paschal Donohoe has been elected president of the Eurogroup (The Irish Times)
Yesterday: Intensive canvassing before Paschal Donohoe’s Eurogroup bid
Meanwhile…
It's remarkable where a bit of social networking can get you… @ConorBlenner @JohnBurnsST @broadsheet_ie @MichaelSmithIrl https://t.co/OL1PhuZUYT
— Frank Armstrong (@frankarmstrong2) July 9, 2020
Great news for Ireland.
Yes great news like the 1.9 billion we got from the EU to kick start our country as Poland got €29 billion and the rest multiples of tens of billion euros
It’s the pay off for the political leaders who have played ball as we are shafted
Yeah, well done Paschal, poster boy for austerity measures. All the low paid workers, home carers, marginalised, disadvantaged, disenfranchised are forever indebted to you.
Michael Noonan was the real austerity guy
Very true. Like batman and Robin.
Holy asceticism Batman! It’s on the way again.
He even screwed the hepatitis c victims to the wall and introduced the zero rate capital gains tax on the vultures that bought all our assets sold off at fire sale prices
He certainly proved he had the balls to screw our citizens to the wall
A vile man who one day will answer to his maker
Fair play. Better in than out.
“Now, we shouldn’t confuse ‘The League’ with the Teutonic Order or ‘Knights’ because the latter are a chivalric order while the former…”
Oh. Sorry. Wrong meeting.
A triumph of mediocrity.