20/07/2020 (Agence Europe) – The new Chair of the Eurogroup, Paschal Donohoe, was elected on Monday 20 July as Chair of the Governing Council of the European Stability Mechanism (ESM), a council upon which the Finance Ministers of the euro area all sit. “I am confident that our collective effort will help the ESM develop to its full potential as a macroeconomic crisis resolution mechanism”, said the Irish Minister of Finance, who took up his position on Monday 13 July, replacing...