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Donohoe, new Irish leader of the Eurogroup, a tactical victory for Northern Europe

2020-07-10T19:13:02.514Z


The 45-year-old conservative defeated the favorite Spanish socialist Nadia Calvino at the finish.At the heart of the multi-trillion-euro negotiations on the recovery and the future budget of the European Union, Northern Europe has won a tactical battle. The Eurogroup, the inner circle of finance ministers of the euro area, chose Thursday evening a new Irish president, Paschal Donohoe, to replace the Portuguese Mario Centeno. The 45-year-old conservative defeated the Spanish socialist Nadia C...


At the heart of the multi-trillion-euro negotiations on the recovery and the future budget of the European Union, Northern Europe has won a tactical battle. The Eurogroup, the inner circle of finance ministers of the euro area, chose Thursday evening a new Irish president, Paschal Donohoe, to replace the Portuguese Mario Centeno.

The 45-year-old conservative defeated the Spanish socialist Nadia Calvino, however a favorite. A third candidate, the Luxembourg liberal Pierre Gramegna, had withdrawn between the two ballots.

A fervent supporter of European integration, the Spanish had the support of all the major countries of the Union: Germany, France, Spain, Italy, Portugal, as well as Greece, Finland, Malta and Cyprus. Nine countries out of the nineteen members of the euro zone, representing two thirds of its population, to which it lacked one last vote to be elected. "We had secured ten voices, someone didn't

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Source: lefigaro

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