The Eurogroup elected Kyriakos Pierrakakis, Minister of Economy and Finance of Greece, as President of the Eurogroup, in line with Protocol 14 of the EU treaties.

Eurogroup issued a statement on the draft budgetary plans for 2026 highlighting that the euro area economy grew more than expected in 2025 and is set for moderate growth in 2026, but faces risks from global uncertainty, while public deficits and debt are rising slightly. The Eurogroup also welcomed most countries' 2026 budget plans as compliant with EU fiscal rules.

The election of the new president will take place at the next meeting of the Eurogroup on 11 December. The president is elected by a simple majority of the Eurogroup ministers, in line with the Treaty's Protocol 14 on the Eurogroup.

Paschal Donohoe, issued a statement announcing his resignation as President of the Eurogroup as of 18 November 2025.

Eurogroup President, Paschal Donohoe, gave a speech at the Sixth ECB Forum on Banking Supervision, on the 'Shaping financial regulation in an era of distrust'.

Remarks by Eurogroup President Paschal Donohoe on macroeconomic situation, competitiveness, euro area challenges in a global context, while also addressing fiscal policy coordination, Banking Union and the progress made on the digital euro and stablecoins.

The President of the Eurogroup, Paschal Donohoe, sent a letter to the President of the Euro Summit, António Costa, to report on the recent work by the Eurogroup and upcoming work priorities.

President of the Eurogroup, Paschal Donohoe, is travelling to Washington D.C to represent the euro area at the 2025 Annual Meetings of the IMF and World Bank Group.

Remarks by Eurogroup President Paschal Donohoe on the macroeconomic and budget situation in the euro area, coordination of budget policies among the member states, and progress made on the Capital Markets Union. He also highlighted developments in the stablecoin sector, its implications for the euro area, and the progress made on the digital euro.