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The Latest Breaking News from Eurogroup

Greek finance minister elected as Eurogroup president

Greek Finance Minister Kyriakos Pierrakakis has been elected as president of the Eurogroup — a move that would have been unthinkable just 10 years ago, when the country was in the throes of a deep financial crisis that almost saw it tossed out of the eurozone altogether

The Independent UK

Greek Finance Minister Kyriakos Pierrakakis elected as president of Eurogroup

Kyriakos Pierrakakis elected head of Eurogroup in recognition of Greece's reform agenda. Belgian candidate caught in crossfire over reparations loan for Ukraine. The Eurogroup handles key economic and financial dossiers.

Euronews

Europe must reinvent growth formula in changing world, Eurogroup boss tells Euronews

Europe must reinvent its growth model in changing world hit by tariffs and force, Eurogroup boss tells Euronews in exclusive interview.

Euronews

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Italian government faces a high-stakes bank merger clash with Brussels

On Wednesday, Italy will face tough questions from the Eurogroup on its decision to block UniCredit's acquisition of Banco BPM in an attempt to stop infringement procedures.

Euronews

Ireland, Lithuania and Spain: Who will lead the Eurogroup next?

On Monday 7 July, finance ministers from the euro area are expected to elect their new president. Who is running for the position, and what proposals are they putting forward?

Euronews

‘EU needs to take decisions to defend multi-lateral order’ Eurogroup president tells Euronews

Irish Finance Minister and Eurogroup President Paschal Donohoe believes that the institutions that emerged after World War II are being challenged by the United States. In an exclusive interview with Euronews, he warned that history shows that "progress can decline".

Euronews

'It's extremely encouraging,' Eurogroup president says on US-China trade rollback

Eurogroup President and Irish Finance Minister Paschal Donohoe welcomed the move of the United States and China agreeing to drastically roll back tariffs for 90 days. In an exclusive interview with Euronews, he called it a promising development for EU–US relations.

Euronews

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Minister profiles: The people at the Cabinet table

Jennifer Carroll MacNeill and Jim O’Callaghan are among the major promotions.

Evening Standard

Reeves to pledge closer EU ties in pivot from post-Brexit ‘division and chaos’

First speech by UK chancellor to eurozone finance ministers since 2020 will promise ‘business-like’ approach to relations

The Guardian - UK

Reeves aims for ‘businesslike’ relationship with EU in finance chiefs meeting

Rachel Reeves will be the first Chancellor to attend the Eurogroup meeting of EU finance ministers since Brexit.

The Independent UK

Rachel Reeves wants EU relations 'reset' to drive economic growth

Rachel Reeves will be the first Chancellor to attend the Eurogroup meeting of EU finance ministers since Brexit

Evening Standard

Irish PM Resignation: What Happens Next?

Leo Varadkar's announcement that he is stepping down as Ireland's prime minister has triggered a leadership contest in his Fine Gael party.

International Business Times

EU leaders says eurozone has shown ‘remarkable resilience’ as they discuss Ukraine, migration and the economy – as it happened

The bloc’s leaders are hosting a series of meetings in Brussels

The Guardian - UK

Bank of England chief economist says there’s still ‘some work to do’ fighting inflation – as it happened

Huw Pill warns against declaring premature inflation victory

The Guardian - UK

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Zenger

Dutch Jewish Leaders Face Backlash For Inviting Minister Linked To Terrorist Funding

Finance Minister Sigrid Kaag invited to Kristallnacht commemoration despite funding Palestinian terror group

The Guardian - UK

Brexit ‘productivity penalty’ is £1,000 per household, says BoE official; Europe to avoid recession – as it happened

Jonathan Haskel says UK’s current productivity penalty is about 1.3% of GDP, due to business investment flattening out after 2016 referendum

Irish Mirror

Paschal Donohoe re-elected as head of Eurogroup

The Fine Gael TD’s unopposed run for a second term heading up the gathering of euro-using countries’ finance ministers comes ahead of an unusual Cabinet reshuffle

The Independent UK

Paschal Donohoe is re-elected as head of Eurogroup

It comes after some wrangling within the Irish government over how an unusual Cabinet reshuffle may affect Mr Donohoe’s second term.

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Reuters

Ireland's Donohoe unopposed in bid for second term as Eurogroup Chief

Irish Finance Minister Paschal Donohoe is on course to be elected president of the Eurogroup in December for the second time after the group of euro zone finance ministers on Thursday said no one else had applied for the job.

Dublin Live

Donohoe to be nominated for Eurogroup presidency despite Fianna Fáil unease

Key roles in such a small country as Ireland should not be given up lightly, warns Tánaiste Leo Varadkar

Reuters

Ireland to nominate Donohoe for second term as Eurogroup chief

Ireland will nominate Paschal Donohoe to serve a second term as president of the Eurogroup even though he will no longer be Ireland's finance minister when his term in Europe comes to an end in January, the government said on Friday.

Reuters

Irish coalition to discuss Eurogroup chief conundrum, deputy prime minister says

Ireland's deputy prime minister said on Friday that coalition leaders will shortly discuss how Dublin might remain as chair of the influential Eurogroup of euro zone finance ministers ahead of a cabinet reshuffle.

The Guardian - UK

UK factories raise prices at record pace; windfall tax calls grows as BP earnings swell – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

Twitter shares jump as Elon Musk takes 9.2% stake; UK household income squeeze ‘to tighten’ – as it happened

Rolling coverage of the latest economic and financial news

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