(L-R) Gilles Roth, Luxembourg Minister of Finance; Roland Lescure, Minister of the Economy, Finance and Industrial, Energy and Digital Sovereignty of the French Republic;
Credit: MFIN
On Tuesday 10 March 2026, Luxembourg’s Ministry of Finance reported on the attendance of Luxembourg Minister of Finance, Gilles Roth, at the meetings of the Eurogroup and the Economic and Financial Affairs Council (Ecofin) in Brussels on Monday 9 and Tuesday 10 March.
According to the ministry, during the Eurogroup meeting, finance ministers examined the latest macroeconomic developments as well as the competitiveness of the euro area. The discussions took place in a context marked by geopolitical tensions in the Middle East and by developments in energy prices.
Furthermore, the finance ministers addressed recent developments in the field of digital finance, including the spread of distributed ledger technologies, tokenisation and stablecoins.
The ministry reported that within the framework of the Ecofin Council meeting, ministers discussed the economic and financial repercussions of Russia’s aggression against Ukraine. They also exchanged views on the package relating to the integration of financial markets and supervision.
Minister Roth said: “To strengthen competitiveness, we must give priority to initiatives that genuinely contribute to the deepening of our capital markets. The transformation of ESMA into a centralised supervisory authority will not contribute to achieving our objectives. The aim is to strengthen the effectiveness of supervision, not to add complexity, bureaucracy and costs.”
Moreover, finance ministers exchanged views in preparation for the upcoming spring meetings of the International Monetary Fund (IMF) and the World Bank in Washington, DC (US), agreeing on a common approach and a message which contribute to demonstrating European unity.
