The Latest Breaking News from Paschal Donohoe

World Bank Encourages Developing Nations To Embrace 'Small' AI To Accelerate Economic Growth

Paschal Donohoe, the managing director and chief knowledge officer at the World Bank, said that so-called "small AI" could make developments which otherwise would have taken centuries achievable in decades.

International Business Times · Oct 18

World Bank says ‘small AI’ could transform developing countries

Bank’s chief knowledge officer says the tech could speed up economic development from centuries to decades

The Guardian - UK · Oct 18

Can AI play a role in reducing inequality?

In the debate about how best to regulate artificial intelligence, what about its role in development and aid? Warnings about the potential for exacerbating inequality are rife – but the World Bank argues that the technology could be harnessed for good.

France 24 · Oct 2

PTSB sale good news for the Irish economy – Taoiseach

The bank announced the commencement of a formal sale process on Thursday.

Evening Standard · Oct 30, 2025

Partially state-owned PTSB put up for sale

The sale, if successful, would end the last remaining shareholding in an Irish bank.

Evening Standard · Oct 30, 2025

Irish Government increases spending and scales back planned tax measures

Ministers pledged to ‘secure jobs and stability at a time of global challenge’.

The Independent UK · Oct 7, 2025

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 · Jul 6, 2025

Pay cap of 500,000 euro at AIB and PTSB removed, Finance Minister says

Paschal Donohoe said it would be inappropriate to impose salary caps at a bank the Government did not hold a share in.

Evening Standard · Jun 17, 2025

‘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 · May 15, 2025

'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 · May 13, 2025