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Post-War Rules-Based System Is up for Negotiation, Eurogroup Head Says

  • Paschal Donohoe, Eurogroup president and Irish Finance Minister, stated on May 15, 2025, that the post-war rules-based system is being challenged and negotiated in Europe.
  • This challenge arises amid preparations for the 2028-2034 EU spending period and ongoing debates over EU defence funding following the COVID-19 recovery fund effort.
  • Donohoe highlighted that any defence spending within the EU budget will likely be smaller than national contributions, urging evaluation of the recovery fund before new commitments.
  • He highlighted that political systems, while they may not be able to perish outright, are always at risk of deterioration, cautioning that progress should not be taken for granted as upcoming negotiations approach.
  • Donohoe expressed cautious optimism about current support but acknowledged that rapidly changing global conditions could significantly affect the negotiation outcomes.
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Politico Europe broke the news in Brussels, Belgium on Wednesday, May 14, 2025.
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