Written answers

Thursday, 16 July 2020

Department of Finance

Ministerial Priorities

Photo of John LahartJohn Lahart (Dublin South West, Fianna Fail)
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36. To ask the Minister for Finance his priorities following his election as chairperson of the Eurogroup of EU finance ministers; and if he will make a statement on the matter. [16284/20]

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael)
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The Eurogroup is the body through which Finance Ministers of the 19 Euro Area Member States take decisions on policy issues relating to management of the Euro Area economy.

The role involves working closely with the European Commission; with the European Central Bank; with the European Stability Mechanism (ESM); and the European Investment Bank (EIB)

I set out my priorities when I submitted my application for the role of President of the Eurogroup. Briefly this centred on bridge building and an inclusive economic recovery. Full details of my letter is set out in:

www.gov.ie/en/press-release/f4665-minister-donohoe-elected-as-president-of-eurogroup/.

Following my election to the role on 12 July, I outlined that my immediate priority, as President, will be to chart a common way forward on building the European recovery, strengthening the Eurozone economy, and promoting sustainable and inclusive growth for Member States and their citizens. As President, I will seek to build bridges amongst all members of the Euro Area, and to engage actively with all Member States, to ensure we have a consensus-based approach to the recovery of our economies and our societies.

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