Unsurprisingly, the three expected candidates were the ones who entered the race for the Eurogroup Presidency. Spain’s Nadia Calviño, Ireland’s Paschal Donohoe and Luxembourg’s Pierre Gramegna submitted their candidacies on Thursday 25 June, the last day on which aspiring finance ministers could declare themselves candidates.
“This excellent group of candidates shows the relevance of the Eurogroup today to ensuring the stability/prosperity of the euro area”, wrote the current...