Donohoe's departure is a blow to the Irish governing coalition JOEL SAGET

Pascal Donohoe, head of the Eurogroup panel of eurozone finance ministers, quit Tuesday to take up a senior job at the World Bank, his spokesperson told AFP.

Ireland's finance minister, who announced his resignation to cabinet ministers in Dublin, will become managing director at the Washington-based World Bank, they added.

The 51-year-old took the helm in 2020 at the informal Eurogroup, whose chief carries weight in Brussels policy-making.

Donohoe was among the influential voices in Brussels, alongside EU chief Ursula von der Leyen and European Council President Antonio Costa.

He had previously been viewed as a possible candidate to lead the International Monetary Fund, a job that has only ever gone to a Euro

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