Ireland’s Donohoe challenges Spain’s Calviño in Eurogroup race

Ireland’s Donohoe challenges Spain’s Calviño in Eurogroup race

Irish Finance Minister Paschal Donohoe joined his Spanish counterpart at the starting line of the race for the Eurogroup.

Senior government officials in Dublin confirmed Thursday that Donohoe is running for the Eurogroup presidency to replace Mário Centeno, starting July 12. The government, from the center-right European People’s Party, plans to issue a statement later in the day.

Spanish Finance Minister Nadia Calviño announced her bid for the coveted post on Twitter this morning after her Socialist government put her candidacy forward.

“The Prime Minister, Pedro Sánchez, considers that it would be an honor for the Government of Spain if Nadia Calviño could preside over the Eurogroup, a responsibility that Spain has never exercised and that a woman has never performed before,” Madrid said in a statement.

Leaders of the opposition Partido Popular also announced their party’s backing of Calviño as a benefit for Spain.

Brussels-watchers will now turn their gaze to Luxembourg to see if Finance Minister Pierre Gramegna will join the race or leave it to Spain and Ireland to fight it out.

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