Eurogroup President, Paschal Donohoe, travels to Cyprus and Greece for dialogue on Euro Space restoration

The Minister for Finance and President of the Eurogroup, Paschal Donohoe, T.D., will journey to Cyprus and Greece this week for a collection of bilateral conferences and talking engagements.

At this time (Thursday, 22 July), Minister Donohoe will meet with the President of the Republic of Cyprus, Nicos Anastasiades, in addition to assembly his fellow Finance Minister, Constantinos Petrides, the Minister of Finance of the Republic of Cyprus.

Minister Donohoe will define his priorities as President of the Eurogroup and deal with the prospects for the restoration of the Euro Space in a gathering with the enterprise discussion board of Cyprus.

Minister Donohoe will then journey to Greece, the place on Friday 23 July he’ll meet with Prime Minister Kyriakos Mitsotakis and with Finance Minister Christos Staikouras. He’ll give a keynote speech on the “The World Ahead” Gala Dinner hosted by The Economist.

The main target of the conferences is the financial restoration from the pandemic, which is one among Minister Donohoe’s priorities as he coordinates financial and financial insurance policies amongst Euro Space Finance Ministers. Minister Donohoe said: ‘As we method the 20th anniversary of sharing our frequent currency- the euro- it is very important mirror on how a lot progress we have now made. The euro is now a key asset in Europe’s response to the pandemic, and a logo of our resilience and power. Lots of the measures and safeguards that we put in place over the previous decade have been essential in tackling the financial disaster brought on by COVID-19. Our insurance policies have helped to guard jobs and help livelihoods in the course of the emergency part of the disaster. As President of the Eurogroup for simply over a 12 months, I’ve seen each day the power of the collective European response’.

“As we emerge from this disaster and open up our economies, there’s a change within the coverage challenges we face: we are going to more and more want insurance policies that assist us to construct, develop and adapt. It’s my pleasure to be in Cyprus and Greece this week to take inventory of the state of affairs throughout the Euro Space.”

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