“He has done an excellent job over the past two and a half years and therefore has the support of the Irish government for a second term,” McGrath said in Dublin.
This would mean that in the future Ireland would send two ministers to the Eurogroup of EU finance ministers. At the same time, McGrath stressed that the current head of department would represent Irish interests on the committee. Donohoe’s role as chairman, which he has held since July 2020, will be clearly separate.
The background to the debate is that coalition partners Fianna Fail and Fine Gael will rotate their positions in Ireland in mid-December. Fine Gael party leader Leo Varadkar takes over as prime minister from Fienna Fail leader Micheal Martin. The party leadership decides who becomes finance minister, Martin’s party friend McGrath said. However, it is agreed in Dublin that the current Minister for Public Expenditure will then switch positions with Fine Gael colleague Donohoe.
(SDA)
Source: Blick

I’m Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor’s Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.