ECB and EU figures want Donohoe to stay as Eurogroup president

Senior sources say that finance minister has already been approached about a second term at the helm 

 Minister for Finance, Paschal Donohoe is due to give up responsibility for the finance ministry when the Government reshuffles in December. Picture: Colin Keegan/Collins

Removing Paschal Donohoe from his position as Eurogroup president is “baffling” and “unthinkable”, European Central Bank and EU figures have told the Government.

Reports of the brewing row between Fine Gael and Fianna Fáil over the future of the post have been met with a degree of astonishment in the corridors of power in Europe, senior sources have told the Irish Examiner.