Economy

Politics & Institutions
Activity in the real estate sector has slowed down with the sector’s chamber saying agencies are losing between 40-50% of revenue Photo: Romain Gamba/Maison Moderne
ECONOMY

Support for estate agents up for talks as sector flounders

A job retention plan that has been submitted to the government to support real estate agents will be discussed by the country’s economic committee next week as unemployment in the sector has soared in recent months.

Cordula Schnuer • 23.03.2023
According to the OECD, the corporate tax rate has been declining over the last twenty years. Photo: Shutterstock
ECONOMY

Corporate tax rate has declined over last 20 years, says OECD

Marc Fassone • 21.03.2023
“The maintenance of the AAA rating with a stable outlook underlines the solidity of our public finances and confirms the validity of the measures taken during the last tripartite,” said finance minister Yuriko Backes (DP). Photo: Romain Gamba/Maison Moderne/Archives
ECONOMY

Moody’s confirms Luxembourg’s AAA rating

Nicolas Léonard • 20.03.2023
The value added of financial and insurance activities slipped by 6.4% between December 2022 and December 2021. Photo: Jan Hanrion/Maison Moderne/Archives
ECONOMY

Luxembourg GDP drops by 2.2%, first since June 2020

Catherine Kurzawa • 17.03.2023
Microsatellite manufacturer ICEYE (pictured above) is one of the previous future fund’s co-investment companies. Photo: ICEYE
FUNDS

Finance, economy ministries launch new future fund for innovation

Tracy Heindrichs • 17.03.2023
The difference between the rates of wage growth and HICP was greatest in Luxembourg. Photo: Shutterstock
ECONOMY

Luxembourg tops in negative real wages in Q3 2022 in EU

Kangkan Halder • 17.03.2023
Professor André Sapir was a guest at Jecolux in 2019 and delivered a fascinating analysis. Photo: LaLa La Photo, Keven Erickson, Krystyna Dul/Archives
ECONOMY

Geopolitical tsunami the focus of Economy Day

Nicolas Léonard • 14.03.2023
Members of the IMF mission to Luxembourg gave a press conference on 10 March 2023. From left to right: Tarak Jardak, Tara Iyer, Emil Stavrev, Michele Fornino. Photo: Maison Moderne
ECONOMY

IMF: Luxembourg economy is resilient, suggests wage indexation reform

Lydia Linna • 10.03.2023
Luxembourg foreign minister Jean Asselborn (LSAP) with Australian ambassador to Luxembourg, resident in Brussels, Caroline Millar Photo: MAEE
ECONOMY

“Significant scope” for closer economic ties with Australia

Cordula Schnuer • 08.03.2023
Luxembourg placed first when it came to attracting workers, gaining a score of 91.96 in this category.  Photo: Shutterstock
ECONOMY

Luxembourg moves down in global competitiveness ranking

Tracy Heindrichs • 07.03.2023
Luxembourg has achieved equal pay on average per hour. But more women still work part-time or not at all, which hides other income inequalities. Photo: Shutterstock
ECONOMY

Women’s hourly earnings exceed men’s

Mathilde Obert • 06.03.2023
Increased interest rates have boosted the interest margins of banks (+37% in Luxembourg in 2022), found a Statec report published at the end of February 2023. Photo: Christophe Lemaire / Paperjam / Archives
BANKS

Luxembourg banks benefit from increased interest rates, says report

Lydia Linna • 28.02.2023
The European Investment Bank said on 28 February 2023 that it is alarmed by the lack of productive investment in Europe. Library photo: Guy Wolff/Maison Moderne
MARKETS

Europe lacks productive investments, says EIB

Marc Fassone • 28.02.2023
Oliver Rakau is associate director and deputy head Europe economics of Oxford Economics. Photo: Matic Zorman (archives)
ECONOMY

Economy not yet out of the woods, say experts

Lydia Linna • 27.02.2023
Lifelong learning opportunities need to be improved and opened up to a wider audience as Luxembourg faces transformative megatrends and needs the workforce to take on its transition.  Photo: Shutterstock
ECONOMY

Improve lifelong learning opportunities, says OECD

Tracy Heindrichs • 23.02.2023
The tripartite measures had a positive impact on economic activity and employment in 2023, the Statec report found. Photo: Matic Zorman / Maison Moderne/Archives
ECONOMY

Study shows purchasing power in 2022 and 2023 greater than in 2019

Lydia Linna • 21.02.2023
Top
  1. 1
    Banks
    Collective agreement to protect Credit Suisse employees for 2 years
  2. 2
    Funds
    “Asset managers must embrace innovation”
  3. 3
    Institutions
    Three-quarters in Luxembourg would pay more for climate-friendly food
  4. 4
    Institutions
    Involving people in politics, but how?
  5. 5
    Markets
    “If China doesn’t work this year, it’s never going to work,” says portfolio manager