Economy

Politics & Institutions
Rapidly rising housing prices constitute a risk for Luxembourg’s financial sector, according to the OECD, an international policy forum. Photo: Matic Zorman / Masion Moderne
ECONOMY

OECD: more monitoring needed as financial risks rise

Housing prices and low interest rates could very well challenge Luxembourg’s financial sector, the yearly economic survey by the Organisation for Economic Cooperation and Development has warned.

Tracy Heindrichs • 17.11.2022
Tom Wirion, director general of the Chamber of Skilled Trades and Crafts: “The management of this budget is a tightrope walk for both the government and businesses.” (Photo: Romain Gamba/Maison Moderne/Archives)
ECONOMY

Public finances on a worrying path

Aurélie Boob • 17.11.2022
Inflation on food products should rise to 4-5% in 2023 according to Statec. (Photo: Romain Gamba/Maison Moderne/Archives)
ECONOMY

Food prices to rise in 2023 … but less

Mathilde Obert • 14.11.2022
Finance minister Yuriko Backes said the confirmation of the AAA rating is due to responsible and far-sighted policy Guy Wolff/Maison Moderne
ECONOMY

DBRS Morningstar reaffirms Luxembourg s triple-A status

Duncan Roberts • 14.11.2022
Economists are analysing the impact of the measures to fight inflation, despite the high degree of uncertainty about price increases. (Photos: Shuttertock/Archives Maison Moderne. Editing: Maison Moderne)
ECONOMY

Inflation: determining the most effective measures

Mathilde Obert • 11.11.2022
Rather than introducing new holidays, Jean-Paul Olinger wants to allow certain trades to balance their schedules by working more in the high periods and less in the low periods. (Photo: Matic Zorman/Maison Moderne)
ECONOMY

Business union director in favour of flexible, not less work hours

Aurélie Boob • 10.11.2022
Commenting on its 2022 business investment survey, the European Investment Bank said it is concerned about the increase in the number of companies that say they are restricted in their financing possibilities. Library photo: Guy Wolff/Maison Moderne
ECONOMY

European companies slow to invest

Marc Fassone • 08.11.2022
Yuriko Backes and Bruno Le Maire, the finance ministers of Luxembourg and France, signed a new amendment to the tax treaty between the two countries. (Photo: EU Council)
ECONOMY

Deal signed: 34 days of telework for French border workers

Jeremy Zabatta • 08.11.2022
With prices set to continue to rise, employees in the grand duchy are likely to get three automatic indexed salary increases in 2023. Romain Gamba / Maison Moderne
ECONOMY

Statec expects three wage indexations for 2023

Duncan Roberts + Mathilde Obert • 07.11.2022
The main topic of this year’s Global Talent Competitiveness Index is inequalities in the world, particularly on the global talent scene. Photo: Shutterstock
ECONOMY

Luxembourg 11th in global talent ranking

Lisa Christl • 04.11.2022
In a time of energy transition, Luxembourg is short of about 1,700 tradespeople to complete the mission. Photo: Shutterstock
ECONOMY

Around 1,700 artisans missing for energy transition

Tracy Heindrichs • 01.11.2022
Consumer gas prices in the grand duchy in January-June 2022 were 36.6% higher than the same period in 2021 and 27% higher than in the first half of 2020. Photo: Ilse Driessen/Unsplash
ECONOMY

How much did electricity & gas prices go up in first half of 2022?

Aaron Grunwald • 31.10.2022
Ninian Wilson, Daniel Liebermann and Michele Gallo from the ministry of the economy, Nick Read and minister Franz Fayot at the Arch Summit where they signed an MOU on the establishment of a pan- European Logistics Hub in Luxembourg. MECO
ECONOMY

Fayot welcomes Vodafone plans for pan-European hub in Bettembourg

Duncan Roberts • 28.10.2022
Employment has increased by 0.8% in the second quarter of 2022. Guy Wolff/Maison Moderne
ECONOMY

Employment increases by 3.6% over past 12 months

Lydia Linna • 26.10.2022
Jackson Hole, Wyoming, where the Economic Policy Symposium, one of the oldest conferences on central bank economic policy in the world, is held. Every year, important announcements, that affect everyone, are made there. Photo: Shutterstock
BANKS

Reinforce the legitimacy of central bank action

Marc Fassone • 25.10.2022
Luxembourg has lost its attractiveness for diesel but not for petrol, although the difference in prices with neighbouring countries is small. (Photo: Guy Wolff/Maison Moderne)
ECONOMY

Fuel tourism prospects look bleak

Catherine Kurzawa • 13.10.2022
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