Ireland's Department of Finance outlined the agenda for Minister of State Robert Troy's participation in the informal Eurogroup and ECOFIN meetings in Cyprus on 22 and 23 May. Ahead of the meetings, the department said discussions will cover euro area macroeconomic developments, the European housing market and the state of play on the digital euro, which Troy identified as a file Ireland will seek to advance during its Presidency of the Council of the European Union beginning in July. The informal ECOFIN programme also includes a working lunch on strengthening EU competitiveness in response to recent geopolitical developments, a session with central bank governors on the usage, key features and economic functions of stablecoins, and a debate on how Europe can meet rising spending and investment needs without undermining long term fiscal sustainability. That final discussion will include contributions from the International Monetary Fund and the European Court of Auditors.
Department of Finance (Ireland)2026-05-22
Ireland's Department of Finance previews informal ECOFIN and Eurogroup agenda including digital euro and stablecoins
Ireland’s Department of Finance outlined Minister of State Robert Troy’s agenda for informal Eurogroup and ECOFIN meetings in Cyprus, including euro area macroeconomic developments, the European housing market and the digital euro, which Ireland aims to advance during its upcoming EU Council Presidency. The informal ECOFIN programme will also address EU competitiveness, stablecoins, and options to meet higher spending and investment needs without compromising long-term fiscal sustainability, with input from the International Monetary Fund and the European Court of Auditors.