Economy

Politics & Institutions
Luxembourg’s new agricultural plan will focus on subsidies to incentivise a shift to more sustainable farming practices Photo: Shutterstock
ECONOMY

End to pesticides, lower density animal rearing

The density of animal rearing in Luxembourg should remain low or even decrease in future, says the country’s agricultural minister, unveiling the national strategy.

Delano.lu • 07/20/2021
Nicolas Henckes, pictured, said in June he hoped to return to the entrepreneurial milieu Matic Zorman / Maison Moderne
ECONOMY

Henckes quits CLC to join Hospilux

Catherine Kurzawa • 07/20/2021
The short-time working scheme is aimed at helping businesses that suffered damage to their premises, production equipment and stock. Matic Zorman
ECONOMY

Partial employment scheme being made available following floods

Duncan Roberts • 07/20/2021
Luxembourg’s “real tax rate” is close to the European average, but it is close to the top of the EU ranking in terms of purchasing power. EU
ECONOMY

42% tax burden on labour in Luxembourg

Catherine Kurzawa • 07/20/2021
The closure of shops deemed non-essential and the lockdown of the hotel and catering industry seem to have favoured the supermarket business  in Luxembourg. Matic Zorman / Maison Moderne
ECONOMY

Supermarkets performed well in 2020

Catherine Kurzawa • 07/20/2021
The planned introduction of a digital euro, currently being developed by the European Central Bank, will mean the euro zone will have a truly stable form of digital cash, writes Carlo Klein. Library picture: Maison Moderne, 2018
FINTECH

The digital euro: a public digital currency

Carlo Klein • 07/20/2021
A Luxair aircraft carries the Pride colours Photo: Luxair
INDUSTRY

Luxair not yet out of the woods

Jess Bauldry • 07/19/2021
‘Normalisation’ of public spending is underway, according to the finance minister Pierre Gramegna. Library picture: Mike Zenari
ECONOMY

24.8% increase in tax revenue

Marc Fassone • 07/19/2021
Luxembourg’s Grand Duke Henri is pictured visiting a Vianden resident affected by flooding on 16 July 2021 Photo: Maison du Grand-Duc / Sophie Margue
ECONOMY

Luxembourg offers compensation for uninsured damage

Delano.lu • 07/16/2021
The number of temporary workers fell, but the number of self-employed workers grew in 2020, according to a report from the CCSS, a clearinghouse for Luxembourg’s social insurance schemes. Library picture: Matic Zorman/Masion Moderne
ECONOMY

Fewer employees, but more contributions in 2020

Paperjam.lu • 07/15/2021
Thierry Flamand of Luxembourg’s insurance regulator (CAA) is not worried about the figures for 2020 and is delighted with the dynamism shown by the sector in the first quarter of 2021. Library picture: Maison Moderne
ECONOMY

7.7% decline in insurance premium income in 2020

Marc Fassone • 07/15/2021
Three Luxembourg players now offer surgical masks manufactured in the country, products that are not always popular with large potential customers Photo: Matic Zorman / Maison Moderne
ECONOMY

Masks “made in Luxembourg” face tough market

Mathilde Obert • 07/15/2021
Between October 2020 and April 2021, the construction price index rose by 4.3% Photo: Romain Gamba / Maison Moderne
ECONOMY

Construction price index rises by 4.3%

Jérémy Zabatta • 07/14/2021
ArcelorMittal says it will reduce its carbon emissions in Spain by 50% over the next five years Photo: Shutterstock
ECONOMY

One billion euros for carbon-free steel

Jérémy Zabatta • 07/14/2021
Archive photo shows the cosmic-ray-hunting Alpha Magnetic Spectrometer (AMS-02), which was installed on the exterior of the International Space Station in 2011. European Space Agency/Flickr
ECONOMY

Luxembourg to produce oxygen on the moon

Jess Bauldry • 07/14/2021
The monthly average over 12 months of 108 bankruptcies is similar to pre-pandemic levels. (Photo: Romain Gamba/Maison Moderne)
ECONOMY

Indicators suggest a V-shaped recovery

Jérémy Zabatta • 07/14/2021
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