Category: _In English_

  • Faced with Trump’s America, we need Europe “to be united in adversity”

    Donald Trump’s victory in the US presidential election heralds the return of an economic policy that, mockery aside, can be summed up in two words: America First It is not for us to comment on the US public’s democratic choice. However, it is worth analysing the economic backstory. How is the US economy doing as…

  • Budget 2025: stay on course 

    The 2025 state budget is the most eagerly anticipated document of the year, setting out government policy. It will be delivered alongside multi-annual programming for 2025-2028. After the “transitional budget” in 2024, prepared by the previous government and “adjusted” by the new administration in March, the document presented on 9 October 2024 by the Finance Minister plainly…

  • European competitiveness: an “existential challenge”

    “An existential challenge”. That is how Mario Draghi, former president of the European Central Bank from 2011 to 2019 and prime minister of Italy from 2021 to 2022, described what awaits Europe, while presenting his report on the future of European competitiveness[1] on 9 September. He is not the first to warn of the risks…

  • Autumn 2024: back to business and time for action!

    With its moments of respite, the summer break is an ideal time to take a more detached and objective look at current events – both globally, domestically and across Europe – and to nurture renewed reflection. I’d like to take this opportunity to share my thoughts on the current economic situation.

  • Competitiveness: Tomorrow will be too late

    Last year’s relegation of Luxembourg to 20th place in the IMD World Competitiveness Ranking was already a warning. The loss of a further three places in the recently published 2024 ranking is a real wake-up call. It underlines Luxembourg’s loss of competitiveness in recent years.

  • Elections on 9 June – what businesses expect from Europe 

    Just a few days out from the European elections, we find ourselves facing quite the paradox. The relevance of the European Union has never been more clearly demonstrated than during the current parliamentary term. During the healthcare crisis precipitated by COVID-19, the EU launched an €806 billion recovery plan. The beginning of the war in…