Irish Minister for Public Expenditure, Easter Donohoe, The current head of the Eurogroup is the only minister who has applied to preside over the meeting of the eurozone heads of Economy and Finance as the deadline for submission of nominations has passed.
Donohoe, who has led Eurogroup meetings since July 2020, when he defeated First Vice-President and Minister of Economy and Digital Transformation, Nadia Calviño, confirmed this Monday. intention to be reelected in an official letter seeking the support of the rest of the eurozone ministers to address both current and future challenges.
The Eurogroup is expected to elect its president at its next meeting. December 5th. elected by the president simple majorityat least 10 out of 19 votes The President’s mandate, one of the Eurogroup ministers, will begin on January 13, 2023 for two and a half years.
At the last meeting of the Eurogroup on 7 November, some eurozone ministers have already voiced their views. Confirm Donohoe, Among them is Paolo Gentiloni, the European Commissioner for the Economy, who congratulated him for his work to date.
Likewise, Belgian Finance Minister Vincent Van Peteghem spoke of Donohoe: “Right man in the right place”An endorsement shown to him by his Dutch counterpart, Sigrid Kaag.
The first meeting of the Eurogroup took place on 4 June 1998. Luxembourg. The first president of this informal organization was Jean-Claude Juncker of Luxembourg and was replaced by the Dutch. Jeroen DijsselbloemPortuguese Mario Centeno and the current president is Paschal Donohoe.