Skip to content
Support Us

We need your help now

Support from readers like you keeps The Journal open.

You are visiting us because we have something you value. Independent, unbiased news that tells the truth. Advertising revenue goes some way to support our mission, but this year it has not been enough.

If you've seen value in our reporting, please contribute what you can, so we can continue to produce accurate and meaningful journalism. For everyone who needs it.

Niall Carson/PA

Finance Minister Paschal Donohoe puts name forward for top EU job

Donohoe said it would be a “tremendous honour” to lead the Eurogroup through the challenges ahead.

FINANCE MINISTER PASCHAL Donohoe has put his name forward to become next president of the Eurogroup.

Donohoe became Finance Minister in June 2017 and his name has been circulating as one of the forerunners for the role.

It comes as a new Government is set to be formed this weekend if the memberships of Fianna Fáil, Fine Gael and the Green Party vote to approve the draft programme for the Government deal on Friday.

This would see Donohoe retain his job as Finance Minister in the next Government.

Tweet by @Paschal Donohoe Paschal Donohoe / Twitter Paschal Donohoe / Twitter / Twitter

Donohoe tweeted: “Just submitted my nomination paper for President of the #Eurogroup . As one of the longest serving EU Finance Mins and members of the Eurogroup, it would be a tremendous honour to lead the group through the challenges and opportunities that present in yrs ahead.”

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 economy.

Announcing his submission, Donohoe said a strong European economy, with the euro at its heart, “is essential for recovery, growth and job-creation in Ireland and across the EU.”

“Ireland has long been a bridge builder,” he added. “If elected, I will work to chart a common way forward on building the European recovery, strengthening the eurozone economy, and promoting sustainable and inclusive growth for member states and their citizens.”

The vote will take place at a meeting of the Eurogroup on 9 July during which a new president will be elected by a simple majority for a two-and-a-half year term.

Taoiseach Leo Varadkar tweeted his support calling Donohoe the right person for the job.  

“Would be really good for Ireland to have Irish person. He’s fantastic minister w. proven track record in managing public finances & committed European. He’s right person for the job and pleased to support him,” Varadkar tweeted. 

Readers like you are keeping these stories free for everyone...
A mix of advertising and supporting contributions helps keep paywalls away from valuable information like this article. Over 5,000 readers like you have already stepped up and support us with a monthly payment or a once-off donation.

View 97 comments
Close
97 Comments
This is YOUR comments community. Stay civil, stay constructive, stay on topic. Please familiarise yourself with our comments policy here before taking part.
Leave a Comment
    Install the app to use these features.
    Mute and the hit's just keep coming
    Favourite and the hit's just keep coming
    Report
    Jun 18th 2024, 10:26 AM

    So sad i grew up with so many fond memories of the music he produced….it was played in every club in the city for a decade… thanks for the 90s ….RIP

    138
    Install the app to use these features.
    Mute The Firestarter
    Favourite The Firestarter
    Report
    Jun 18th 2024, 10:57 AM

    So sad, another one gone way too early thanks to this awful disease. RIP Paul, and thanks for the memories

    84
    Install the app to use these features.
    Mute Stiofán Namara
    Favourite Stiofán Namara
    Report
    Jun 18th 2024, 11:14 AM

    By all accounts he was a very decent guy all round. ‘Voices’ by Dario G is one of my ‘go to’ uplifting songs. Always come back to it. RIP

    69
    Install the app to use these features.
    Mute Pat Maher
    Favourite Pat Maher
    Report
    Jun 18th 2024, 2:48 PM

    Sad, far too young, an awful bloody disease. Leaves a wonderful legacy, but would be better if he was still here to create. RIP

    26
    Install the app to use these features.
    Mute Modern Irish Dad
    Favourite Modern Irish Dad
    Report
    Jun 18th 2024, 3:20 PM

    https://youtu.be/dLB56lFYlBI?si=UrWBZhDNQoUXOrKk They should belt this one out at the euros tonight

    10
    Install the app to use these features.
    Mute Alex Marquis
    Favourite Alex Marquis
    Report
    Jun 18th 2024, 6:03 PM

    Heard he was a Crewe Alexandra fan and chose his scene name after Dario Gradi. RIP. Sunchyme (cover of Life in a Northern Town) such a catchy tune.

    9
Submit a report
Please help us understand how this comment violates our community guidelines.
Thank you for the feedback
Your feedback has been sent to our team for review.

Leave a comment

 
cancel reply
JournalTv
News in 60 seconds