Ireland's finance minister calls for Brexit negotiators to redouble efforts as deadline draws closer

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Donohoe told CNBC Friday the importance of the EU-U.K. talks have been heightened by the global economy being gripped by Covid-19 developments in the last few months.

"It's so important that all of us redouble our efforts and redouble our creativity and commitment to see if a pathway for an agreement can be found because the impact of a very, very hard Brexit on all participants in global trade, of course, is only going to be heightened if we are already dealing with the consequences of Covid-19," he said.

Donohoe said the negotiations will continue under the leadership of chief Brexit negotiator Michel Barnier, as the next Dec. 31 deadline looms, despite the recent upheaval. As well as Hogan, Ireland's Agriculture Minister Dara Calleary resigned after the news broke that he attended. Irish Finance Minister Paschal Donohoe at the World Economic Forum's annual conference in Davos, Switzerland, on January 26, 2018.European Commission President Ursula von der Leyen, who heads up the EU's executive arm, said she wants to be presented with one man and one woman as candidates for the job as part of her efforts for a gender-balanced Commission.

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