Category: _In English_
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Moving from a culture of spending to a culture of cost-benefit analysis
On perusing the hundreds of pages of the two draft bills on the 2027 budget and the multi-annual programme, presented on 7 October by the Minister for Finance, it becomes clear that 2027 will be a historic year for the Luxembourg economy. For the first time, our GDP is expected to exceed the symbolic threshold…
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A “Year of Competitiveness” to Consolidate
On June 8, the Government and social partners signed the tripartite agreement aimed at supporting purchasing power, curbing inflation, and preserving the country’s economic competitiveness (the “Resilienzpak”). Last week, the IMD published its World Competitiveness Yearbook 2026. After three disappointing years, Luxembourg has climbed six places and re-entered the global top 15. Two positive signals…
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The demonstration on 28 June: separating myth from reality
It’s a somewhat unprecedented occasion for Luxembourg: a united front of trade unions is calling for a demonstration against government policy on 28 June in order to show, as if it weren’t already evident, their continued opposition to reforms aimed at modernising and developing the country’s social and economic model. More specifically, the unions are protesting…
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Investing in AI: act now and fast!
For the first time in modern economic history, Europe finds itself on the sidelines of global progress. Having failed to capitalise on the technological revolution brought about by the Internet, Europe now finds itself on the sidelines in strategic areas such as artificial intelligence (AI), semiconductors and the cloud, all of which depend on technologies…
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Making defence a lever for sovereignty, innovation and growth
Who can forget the surreal scene that unfolded in the Oval Office on 28 February 2025? With the whole world watching on, Donald Trump and his vice-president J.D. Vance humiliated the head of state of a country under attack by a hostile power, sending an implicit message to all those who believed they were protected under the…
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AI : Overhyped Buzzword or Economic Game-Changer?
Are AI technologies overhyped or a real economic opportunity? This question took center stage at the 2025 edition of the Journée de l’Economie held at the Chamber of Commerce on March 24. The event brought together leading business and political leaders, tech innovators, and bold thinkers, to dive into the impact of AI on our…
