Paschal Donohoe ‘holding talks’ in shock move to be next head of IMF

Paschal Donohoe, whose leadership of euro-area finance ministers has elevated his global profile, is considering a bid to lead the International Monetary Fund, Bloomberg is reporting.

Donohoe has led the Eurogroup — the body of finance chiefs that steered the bloc through its sovereign debt crisis and the pandemic — since mid-2020, having been elected late last year for a second 2 ½-year term.