{"id":440207,"date":"2025-11-18T13:35:34","date_gmt":"2025-11-18T12:35:34","guid":{"rendered":"https:\/\/www.eunews.it\/2025\/11\/18\/donohoe-lascia-presidenza-eurogruppo\/"},"modified":"2025-11-18T14:49:20","modified_gmt":"2025-11-18T13:49:20","slug":"irelands-paschal-donohoe-to-step-down-as-eurogroup-president","status":"publish","type":"post","link":"https:\/\/www.eunews.it\/en\/2025\/11\/18\/irelands-paschal-donohoe-to-step-down-as-eurogroup-president\/","title":{"rendered":"Ireland&#8217;s Paschal Donohoe to step down as Eurogroup president"},"content":{"rendered":"<p>Brussels &#8211;<strong>Paschal Donohoe<\/strong> will announce <strong>his resignation as Ireland&#8217;s Finance Minister<\/strong> today (18 November) and will also later step down from the presidency of the Eurogroup, the coordinating body of the 20 Eurozone countries, which he has chaired for the past five years. His party, Fine Gael, confirmed the <a href=\"https:\/\/www.irishtimes.com\/politics\/2025\/11\/18\/live-updates-paschal-donohoe-to-resign\/\" target=\"_blank\" rel=\"noopener\">report<\/a> by The <em>Irish Times<\/em> and several Irish media outlets. Donohoe will take over the prestigious post of <strong>Managing Director&nbsp;of the World Bank<\/strong>.&nbsp;<\/p>\n<p>Donohoe, who has not yet made any public statements, has reportedly already informed the Premier (or <em>Taoiseach<\/em>),&nbsp;<strong>Miche\u00e1l Martin,<\/strong> that he will accept the role of number two at the World Bank. He will step down as finance minister today and will resign as an MP at the end of the week. <strong>Martin announced a minor government reshuffle<\/strong>, which he will explain later today. In Brussels, Donohoe was confirmed as head of the Eurogroup <a href=\"https:\/\/www.eunews.it\/en\/2025\/07\/07\/eurogroup-goes-on-with-donohoe-third-term-for-the-irish-epp-member\/\" target=\"_blank\" rel=\"noopener\">in July<\/a>, for a third term.&nbsp;<\/p>\n<p>In a <a href=\"https:\/\/www.finegael.ie\/statement-from-an-tanaiste-simon-harris\/\" target=\"_blank\" rel=\"noopener\">statement<\/a> released by the Fine Gael Liberals, the Foreign Minister, <strong>Simon Harris<\/strong>, said that Donohoe&#8217;s new role as Managing Director and Chief Knowledge Officer of the World Bank &#8220;is a position of significant international standing, and is a testament to Paschal\u2019s integrity, expertise, and the high esteem in which he is held both at home and abroad.&#8221; Harris pointed out that &#8220;over more than two decades in public life, Paschal Donohoe has served with unwavering dedication&#8221; and &#8220;has played a central role in successive Governments.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>At the head of the Eurogroup since 2020 and Finance Minister at home since 2017, Donohoe will assume the role of Managing Director at the World Bank. Confirmation from his party, Fine Gael: &#8220;Moment of sadness, but also of great pride for Ireland&#8221;<\/p>\n","protected":false},"author":7527,"featured_media":430311,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"episode_type":"","audio_file":"","podmotor_file_id":"","podmotor_episode_id":"","cover_image":"","cover_image_id":"","duration":"","filesize":"","filesize_raw":"","date_recorded":"","explicit":"","block":"","jnews-multi-image_gallery":[],"jnews_single_post":{"format":"standard","override":[{"template":"1","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"0","post_reading_time_wpm":"300","post_calculate_word_method":"str_word_count","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_prev_next_post":"1","show_popup_post":"1","show_comment_section":"1","number_popup_post":"1","show_author_box":"0","show_post_related":"1","show_inline_post_related":"0"}],"image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post_position":"meta","trending_post_label":"Trending","sponsored_post_label":"Sponsored by","disable_ad":"0","subtitle":""},"jnews_primary_category":[],"jnews_override_counter":{"view_counter_number":"0","share_counter_number":"0","like_counter_number":"0","dislike_counter_number":"0"},"footnotes":""},"categories":[25705],"tags":[32634,25994,32635],"class_list":["post-440207","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-banca-mondiale","tag-eurogroup-en","tag-pascal-donohoe"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/440207","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/users\/7527"}],"replies":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/comments?post=440207"}],"version-history":[{"count":1,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/440207\/revisions"}],"predecessor-version":[{"id":440208,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/440207\/revisions\/440208"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/media\/430311"}],"wp:attachment":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/media?parent=440207"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/categories?post=440207"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/tags?post=440207"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}