Advertisement
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.
One-off amount
I already contribute
Sign in. It’s quick, free and it’s up to you.
An account is an optional way to support the work we do. Find out more.
Investigates
Investigates
Money Diaries
Daft.ie Property Magazine
Allianz Home Magazine
The 42 Sports Magazine
TG4 Entertainment Magazine
The Journal TV
Climate Crisis
Cost of Living
Road Safety
Newsletters
Temperature Check
Inside the Newsroom
The Journal Investigates
The Explainer
A deep dive into one big news story
Sport meets news, current affairs, society & pop culture
have your say
Or create a free account to join the discussion
Advertisement
More Stories
Martin Bertrand/Alamy Stock Photo
President Paschal
Paschal Donohoe to remain president of the Eurogroup after competitors pull out last minute
The president’s term is two and a half years.
3.47pm, 7 Jul 2025
Share options
PASCHAL DONOHOE IS to remain as President of the Eurogroup for a third term after the two politicians contesting the role pulled out of the race at the last moment.
Politicians from both Spain and Lithuania announced that they were throwing their hats into the ring last month, while Donohoe had expressed his interest in continuing his tenure as chair of the group earlier this year.
Spain’s finance minister Carlos Cuerpo promised a “renewed impetus” for the Eurogroup when announcing his candidacy. Cuerpo was considered Donohoe’s main competitor, although Lithuania’s Rimantas Šadžius, who had also put himself forward.
He said it must play a key role in the European political agenda and “achieve tangible results in terms of growth, competitiveness, welfare state, and integration”.
Any minister with responsibility for finance from a euro area member state may be elected President of the Eurogroup. The candidate must be a sitting member of the Eurogroup at the time of the election.
The president’s term is two and a half years.
Advertisement
The Eurogroup is an informal body created in 1997 in which the ministers from the euro area member states discuss matters relating to their countries’ common responsibilities related to the euro.
They coordinate economic policies and try to promote economic growth.
They usually meet once a month, before the Economic and Financial Affairs Council meeting.
Tánaiste Simon Harris congratulated Donohoe on “a significant personal achievement” that reflects “the confidence and trust of his European colleagues”.
Harris, who is also the leader of Donohoe’s party, said the appointment was “a source of great pride for the Fine Gael party and for Ireland”.
“I’m so proud that one of our own will continue to play such a central role in shaping the economic direction of the Eurozone,” Harris said.
With reporting from David Mac Redmond
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.
Support The Journal
Emma Hickey
Viewcomments
Send Tip or Correction
Embed this post
To embed this post, copy the code below on your site
Email “Paschal Donohoe to remain president of the Eurogroup after competitors pull out last minute”.
Recipient’s Email
Feedback on “Paschal Donohoe to remain president of the Eurogroup after competitors pull out last minute”.
Your Feedback
Your Email (optional)
Report a Comment
Please select the reason for reporting this comment.
Please give full details of the problem with the comment…
This is YOUR comments community. Stay civil, stay constructive, stay on topic.
Please familiarise yourself with our comments policy
before taking part.
Leave a Comment
Submit a report
Please help us understand how this comment violates our community guidelines.
Damaging the good reputation of someone, slander, or libel.
Racism or Hate speech
An attack on an individual or group based on religion, race, gender, or beliefs.
Trolling or Off-topic
An attempt to derail the discussion.
Inappropriate language
Profanity, obscenity, vulgarity, or slurs.
Advertising, phishing, scamming, bots, or repetitive posts.
Please provide additional information
Thank you for the feedback
Your feedback has been sent to our team for review.
Leave a commentcancel
Newly created accounts can only comment using The Journal app.
This is to add an extra layer of security to account creation.
Download and sign into the app to continue.
Access to the comments facility has been disabled for this user
View our policy
⚠️ Duplicate comment
Post Comment
have your say
Or create a free account to join the discussion
President Paschal
News in 60 seconds
Fatal Assault
Garda investigation launched after man (30s) fatally assaulted in west Dublin
Every government decision since 2001 ‘may have been unconstitutional’, TD’s court case argues
Israel and Hamas to resume indirect Gaza ceasefire talks ahead of Trump-Netanyahu meeting
Summer camp hit by Texas floods confirms 27 children and staff among the 82 dead
Deaths of mother and daughter in Donegal road crash an ‘unspeakable tragedy’, funeral hears
20 mins ago
Roman Starovoyt
Russia says minister found dead hours after being fired by Putin died by suicide
41 mins ago
sleep tight
Almost 7.5m guest nights were booked in Airbnb-stye accommodation in Ireland last year
Controversy
GAA to investigate after confusion over final score of Tipperary-Kilkenny game
Irishman killed after being struck by a car in the US
Money Diaries: An engineer on €65K living in Co Galway
Fatal Assault
Garda investigation launched after man (30s) fatally assaulted in west Dublin
more from us
Investigates
Daft.ie Property Magazine
Allianz Home Magazine
The 42 Sports Magazine
TG4 Entertainment Magazine
Money Diaries
The Journal TV
Journal Media
Advertise With Us
About FactCheck
Our Network
FactCheck Knowledge Bank
Terms & Legal Notices
Terms of Use
Cookies & Privacy
Advertising
Competition
more from us
TV Listings
GAA Fixtures
The Video Review
Journal Media
Advertise With Us
Our Network
The Journal
FactCheck Knowledge Bank
Terms & Legal Notices
Terms of Use
Cookies & Privacy
Advertising
Competition
© 2025 Journal Media Ltd
Terms of Use
Cookies & Privacy
Advertising
Competition
Switch to Desktop
Switch to Mobile
The Journal supports the work of the Press Council of Ireland and the Office of the Press Ombudsman, and our staff operate within the Code of Practice. You can obtain a copy of the Code, or contact the Council, at https://www.presscouncil.ie, PH: (01) 6489130, Lo-Call 1800 208 080 or email: mailto:info@presscouncil.ie
Report an error, omission or problem:
Your Email (optional)
Create Email Alert
Create an email alert based on the current article
Email Address
One email every morning
As soon as new articles come online