Irish Finance Minister Paschal Donohoe has won the Eurogroup presidency | Olivier Hoslet/EPA
Eurozone finance ministers elect new leader amid coronavirus recovery efforts.
Irish Finance Minister Paschal Donohoe is the next president of the Eurogroup.
Eurozone finance ministers elected Donohoe this evening in a secret ballot conducted online.
Donohoe prevailed over Spain’s Nadia Calviño and Luxembourg’s Pierre Gramegna with a majority vote. That means at least 10 countries backed him for the influential post, following weeks of politicking among governments.
He will begin a two-and-a-half-year term on Sunday, succeeding Mário Centeno of Portugal.
Discover more from PressNewsAgency
Subscribe to get the latest posts sent to your email.