(L-R) Gilles Roth, Luxembourg’s Minister of Finance; Romania Sadzius, Lithuania’s Minister of Finance.;
Credit: European Union
On Monday 12 May 2025, Luxembourg’s Minister of Finance, Gilles Roth, participated in the Eurogroup meeting in Brussels, Belgium.
In a press release, Luxembourg’s Ministry of Finance stated that during the Eurogroup meetings, finance ministers discussed current developments in the G7, as well as global economic trends. Discussions also focused on the current status of the digital euro.
Furthermore, the finance ministers and the Chair of the Supervisory Board of the Single Supervisory Mechanism exchanged views on the current progress of the Banking Union. Digitalisation and climate change were reported as being among the greatest challenges facing the banking sector.
The Eurogroup also prepared the annual meeting of the European Stability Mechanism (ESM), which will be held in Luxembourg in June 2025. During the discussions, the ministers reaffirmed the importance of the ESM in the eurozone's financial architecture, highlighting its contribution to Europe's economic resilience.
Minister Roth commented: "Europe is doing its homework. It is precisely this productive cooperation that we need in these uncertain times."
