Markus Marterbauer, Austrian Federal Ministry of Finance; Gilles Roth, Luxembourg's Minister of Finance; Credit: European Union

From Thursday 9 to Friday 10 October 2025, Luxembourg’s Minister of Finance, Gilles Roth, attended the Eurogroup and Ecofin meetings in Luxembourg, where finance ministers discussed macroeconomic and budgetary developments in the euro area and, in inclusive format, reviewed progress on the Savings and Investment Union.

According to the Ministry of Finance, Gilles Roth also reported on discussions within the European Competitiveness Lab held on the margins of the Eurogroup.

The ministers additionally prepared for next week’s Annual Meetings of the World Bank Group, the International Monetary Fund and the G20 in Washington, DC.

Minister Roth commented: “In an unstable world, it is essential that the European Union strengthen its fiscal stability in order to foster sustainable growth. The Savings and Investment Union is of crucial importance in this regard. This is precisely why we must adopt a pragmatic approach, without creating new layers of bureaucracy.”

The Ministry added that on the sidelines, Gilles Roth held a bilateral exchange of views with Greece’s Finance Minister Kyriakos Pierrakakis.