Paschal Donohoe is President of the Eurogroup and Minister for Finance, Ireland.
President Donohoe is one of the most-respected figures in global finance and is serving his second term as Minister for Finance in Ireland, being appointed on the formation of Ireland’s new government earlier this year.
He was first elected President of the Eurogroup on 9 July 2020 and his two and a half year term was renewed in December 2022. It is reported he is seeking a third term as President of the group of Eurozone finance and economy ministers.
Up until January 2025, he served as Minister for Public Expenditure and Reform, responsible for delivering well-managed and well-targeted public spending, through modernised, effective and accountable public services.
His last term as Minister for Finance was June 2017 – December 2022.
From May 2016 – June 2020, he served as the Minister for Public Expenditure and Reform, and from July 2014 – May 2016, as the Minister for Transport, Tourism and Sport. He also held the position of Minister for European Affairs at the Department of the Taoiseach and the Department of Foreign Affairs from July 2013 – July 2014.
Minister Donohoe was first elected as a TD in February 2011 for the Dublin Central constituency. Prior to this he was a member of Seanad Éireann, from 2007 – 2011. He also served as member of Dublin City Council from 2004 – 2007.
He was formerly the Chair of Ireland’s Future in Europe Oireachtas Sub-Committee, as well as a member of the Public Accounts Committee. He has also served as the Vice-Chair of the European Affairs Committee and, as a Senator, he served as a member of the Joint Oireachtas Committee on Transport.
During his time as member of Dublin City Council, he served as Chair of the Environment & Engineering Strategic Policy Committee, as a member of the Corporate Policy Group and also as Chairman of the Central Area Committee.
Minister Donohoe is a graduate of the Trinity College Dublin, with a degree in Politics and Economics and he attended St. Declan’s CBS.