Minister of Finance
Pierre Gramegna has been Luxembourg’s Minister of Finance since December 2013. As Minister of Finance, Mr Gramegna has initiated major reforms to balance the budget and to align Luxembourg’s tax rules with international transparency standards. Thanks to these efforts, the country’s AAA rating has been consistently confirmed by all major rating agencies. Mr Gramegna is also a promoter of the diversification of Luxembourg’s financial centre, particularly with regard to fintech and sustainable finance. He is the founder and President of the LHoFT Foundation, which runs the Luxembourg House of Financial Technology. As chair of the Economic and Financial Affairs Council of the European Union during the Luxembourg Presidency, Mr Gramegna actively contributed to reaching agreements on the introduction of the automatic exchange of information on tax rulings with EU member states, as well as on securitisation.