On Monday 7 November, Irish finance minister Paschal Donohoe initiated the process of electing a new president for the Eurogroup, which he has led since July 2020.
As a candidate for re-election, he noted that he had received an “initial positive response” from his counterparts to the idea of running for a second two-and-a-half-year term.
At the end of last week, the Irish government made the following proposal to the euro area countries: in a cabinet reshuffle, Mr Donohoe will become...