Overview
- Donohoe will become managing director and chief knowledge officer at the World Bank and will step down as Eurogroup president.
- Taoiseach Micheál Martin confirmed further changes: Helen McEntee moves to Foreign Affairs and Defence, Hildegarde Naughton becomes Education Minister, and Emer Higgins takes on the disability brief.
- He will resign his Dublin Central Dáil seat later this week, prompting a by-election in the constituency within months.
- RTÉ reported he starts at the World Bank next Monday, while Irish media estimate the pay package at roughly €600,000 a year.
- Donohoe has led the Eurogroup since 2020 and won a third term in July, with multiple outlets describing his exit as a political setback for the coalition.