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About: http://data.cimple.eu/news-article/9b5d695b86f02b86f4b3d7fdc330c0cfeb87169ff94248f7c7568543 Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	Irish finance minister Paschal Donohoe was on Thursday picked as the new president of the Eurogroup, which brings together the eurozone finance ministers who help guide European economic policy. "Congratulations to the new Eurogroup President," tweeted the outgoing head Mario Centeno, the finance minister from Portugal. Donohoe beat out favourite Nadia Calvino of Spain as well as Luxembourg's Pierre Gramegna for the job, winning at least 10 votes of the 19 ministers, though the final result was not immediately known. The job is considered one of the EU's key positions, along with the heads of the European Commission, EU Council and the European Parliament. In his two and a half year term, Donohoe will watch over a massive EU recovery plan that is still in negotiation amid bitter north-south divisions. The eurozone economy is set to contract by a record 8.7 percent this year, with mass unemployment and other dire consequences still a possibility. "Across the EU our citizens are looking to us to provide the necessary leadership," Donohoe said in a statement. "As president, I will seek to build bridges amongst all members of the euro area, and to engage actively with all member states," he said. The 45-year-old will also be in charge of reviving stalled reforms of the single currency that is widely seen as needing fixing. Donohoe last week gained the crucial support of the European People's Party that unites the European conservatives, including Chancellor Angela Merkel's CDU in Germany. The 45-year-old Irishman is regarded as a prudent caretaker who kept his country on the right track after the ravages of the eurozone debt crisis. A European source told AFP that the choice of Donohoe was a victory of "small states against the bigger ones". Calvino had the backing of southern Europe, France as well as Merkel who said she would like to see a woman in the job for the first time. arp/jh
schema:headline	Ireland's Paschal Donohoe takes leadership of Eurogroup
schema:mentions	European Council Nadia district Traveling Wilburys Vol. 1 European Parliament Eurozone European Commission Luxembourg Agence France-Presse Christian Democratic Union of Germany Easter President of France Ireland Angela Merkel Spain Germany European Union France Portugal Pierre Gramegna Currency union The Job (2001 TV series) Eurogroup Anti-Revolutionary Party European debt crisis
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-07-09 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	neutral sentiment
http://data.cimple...readability_score	76 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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