Finance Minister Gilles Roth presented a budget with a deficit, which focuses on social cohesion, investments and strategies for the future
As global uncertainty and economic tensions persist, Luxembourg’s financial sector is entering a decisive phase. Presenting the 2026 budget, Finance Minister Gilles Roth (CSV) unveiled a €1.49 billion deficit while prioritising stability, social cohesion and targeted investment.
In parallel, the government is pressing ahead with reforms to modernise the financial centre – from tax changes and the abolition of the ETF subscription tax to new rules for cryptocurrencies and blockchain, with the ambition of positioning Luxembourg as a European hub for digital finance.
The Luxemburger Wort spoke with the finance minister about the challenges ahead, international competitiveness and how the financial centre can remain resilient, innovative and socially balanced.
