(L-R) Elisabeth Svantesson, Sweden's Minister of Finance; Gilles Roth, Luxembourg's Minister of Finance;
Credit: Luxembourg’s Ministry of Finance
From Monday 16 to Wednesday 18 March 2026, Luxembourg’s Minister of Finance, Gilles Roth, travelled to Norway and Sweden for a financial mission with Luxembourg for Finance (LFF).
Minister Roth carried the working visit in Oslo to meet with his Norwegian counterpart, Jens Stoltenberg, and the State Secretary at the Norwegian Ministry of Finance, Sissel Kruse Larsen. According to Luxembourg’s Ministry of Finance, the two ministers emphasised that strengthened cooperation between Luxembourg and Norway is essential to jointly address current economic challenges.
Minister Roth also met with Norges Bank Investment Management, the largest sovereign wealth fund in the world. The exchange provided insight into Norway’s long-term investment model. It highlighted how prudent, transparent management can create sustainable wealth for future generations, an approach Luxembourg also pursues through its Intergenerational Sovereign Fund (FSIL).
The working visit concluded in Stockholm with a bilateral meeting with the Swedish Minister of Finance, Elisabeth Svantesson, and the State Secretary at the Ministry of Finance, Johanna Lybeck Lilja. According to the ministry, this exchange provided an opportunity to address key European issues as well as shared priorities, particularly in the areas of financial stability, competitiveness, the Savings and Investments Union, and the European Union (EU) budget for the period 2028-2034.
Throughout his visit to Norway and Sweden, Minister Roth also met with representatives of local financial institutions. These exchanges contributed to strengthening existing ties between the respective financial centres. LFF organised a reception bringing together various actors from both ecosystems to facilitate exchanges and support sustainable collaboration.
Minister Roth, commented: “Norway and Sweden are important partners. In a period of global instability, Europe must once again assume greater responsibility. Northern Europe plays a key geopolitical role in this regard. We are strengthening our cooperation in order to face the challenges of tomorrow together. This requires a financial policy based on trust and stability, with finance as a key driver of our shared growth.”