The Luxembourg Ministry of Finance published a communiqué on Finance Minister Gilles Roth’s participation in the Eurogroup meeting on 12 May 2025 in Brussels, where euro area finance ministers reviewed current developments in the G7, global economic trends and the state of play on the digital euro. Ministers also exchanged views with the Chair of the Supervisory Board of the Single Supervisory Mechanism on progress in the banking union, highlighting digitalisation and climate change as among the largest challenges for the banking sector. The Eurogroup prepared the European Stability Mechanism’s annual meeting scheduled for June in Luxembourg and reaffirmed the ESM’s role in the euro area’s financial architecture.