There is a strong argument that Paschal Donohoe is the most powerful person in the country. A Ministers for Finance is always a powerful individual, but few previous ministers have held both a Europe-wide role (he is, of course, president of the Eurogroup) and had a blank cheque handed to them by a pandemic. Most finance ministers consider themselves very lucky to be able to spend an additional few billion in a year. Donohoe was able to spend north of €18 billion last year. His big worry is he might spend too much. By his side for the last few…

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