Eurogroup

Europe News

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?

07/07/2025

The Europe Conversation

‘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".

15/05/2025

Markets

Euro weakens ahead of the ECB rate decision due out later today

The euro further declined against the US dollar following the release of US inflation data on Wednesday. Markets will be closely watching the upcoming ECB decision today.

12/12/2024

Markets

Why the euro's seasonal December rally could be at risk this year

December has traditionally been the euro's strongest month, with consistent gains driven by US dollar weakness. However, political instability in Europe, US tariff threats, and global geopolitical tensions may challenge the euro's usual seasonal rally this year.

04/12/2024

Markets

Trump Presidency: Could the euro hit parity with the dollar?

Economists agree that a Trump presidency could weaken the euro against the dollar. While the euro strengthened during Trump's first term, conditions could now drive it lower.

04/11/2024

Business

Universal government spending may lead to higher inflation in Eurozone

The European Commission has warned eurozone countries that the "significant" fiscal expansion they are adopting to fight the energy crisis may worsen inflation. It urged common-currency nations to move towards more targeted measures that support only vulnerable households and businesses.

07/11/2022

Economy

Will Ireland's Paschal Donohoe keep his role as Eurogroup president?

Paschal Donohoe may be obliged to leave his post after just one term due to an agreement with his coalition partners in Ireland.

19/09/2022

Economy

Eurozone finance ministers celebrate 20 years of European currency

Eurozone finance ministers celebrate 20 years of European currency

07/12/2021

Economy

EU divided over response to soaring, 'unbearable' energy prices

Economic and finance ministers met in Luxembourg, laying bare intra-EU divisions.

04/10/2021

World News

Ireland's Paschal Donohoe wins Eurogroup presidency

Ireland's Paschal Donohoe has won the Eurogroup presidency, beating Spain's Nadia Calvino.

09/07/2020

World News

COVID-19 recession: How the euro area will be affected

To survive this crisis, the Eurogroup may have to throw away the old rule book.

25/06/2020

Europe News

Irish Finance Minister to contest Eurogroup presidency

The other contenders are Spain's Nadia Calviño and Luxembourg’s Pierre Gramegna.

25/06/2020

Economy

COVID is an opportunity for structural change: Eurogroup chief Centeno

Outgoing Eurogroup chief Mário Centeno speaks to Euronews about the EU's economic response to COVID-19.

18/06/2020

Economy

Eurogroup chief Centeno says no political reason behind quit decision

He told Euronews it was simply the "end of a cycle". His tenure was due to end and he decided not to apply for a second term, he claimed.

17/06/2020

Economy

Dombrovskis: Fiscal support to non-Eurozone countries a possibility

It comes after EU countries agreed a €500 billion coronavirus rescue package.

10/04/2020

Economy

COVID-19: How will the EU €500bn rescue deal help people and firms?

We explain the EU's coronavirus rescue deal and how it aims to provide safety nets for workers, businesses and EU countries hit by the pandemic.

10/04/2020