McGrath set to be Ireland’s next European Commissioner

Minister for Finance Michael McGrath is set be nominated as Ireland’s next European Commissioner.

The move was agreed by Government party leaders tonight and it will be formally approved by the Cabinet tomorrow morning.

During his time as Minister for Finance, Mr McGrath has represented Ireland at the Eurogroup and Economic and Financial Affairs Council (ECOFIN).

He has met regularly with EU Commissioners and the ECB President and would therefore be well known in the European system.

He is also a governor on a range of international bodies on behalf of Ireland including the IMF, the World Bank and the European Investment Bank.

He is viewed as having a strong chance of landing a job in the top tier of economic commissioner roles.