Economy

Politics & Institutions
“Take away the obstacles, and our businesses will do the rest,” Tom Wirion tells Lex Delles. Photo: Marc Fassone/Paperjam
ECONOMY

The craft sector faces the urgent challenge of competitiveness

The craft sector is holding its own, but has seen a 33% drop in productivity since 2019. In response to this worrying trend, the Chamber of Skilled Trades and Crafts is calling for structural reforms to maintain its profitability. Responding to these concerns, Lex Delles has announced the creation of an incubator for the craft sector.

Marc Fassone • 28.04.2026
In Mr Laurens’ view, given the significant amount involved (3% per annum of the property’s gross value), it is essential for companies that own one or more properties in France to have a tax audit carried out. Photo: Nexus Conseils
ECONOMY

A seismic shock for the French property market: a new 3% tax!

Me Philippe Laurens* • 28.04.2026
Alex Schumann and Georges Rassel believe that we must champion a competitive industrial Europe that is tailored to the operational realities of businesses. Photo: Marc Fassone/Paperjam
ECONOMY

Alex Schumann: “The industry has lost much of its appeal”

Marc Fassone • 27.04.2026
77.01 tonnes of food were wasted in Luxembourg in 2023. (Photo: Shutterstock)
ECONOMY

Serge Wilmes wants to turn waste into resources

Marc Fassone • 24.04.2026
The tense geopolitical situation surrounding the war in Iran is causing concern among Luxembourg households. Photo: Shutterstock
ECONOMY

Iran crisis: worried households and resilient businesses

Marc Fassone • 21.04.2026
“In 2023, the wealthiest 5% of households owned a third of aggregate household net wealth,” Peter Lindner, Thomas Mathä, Giuseppe Pulina and Michael Ziegelmeyer, economists at the Central Bank of Luxembourg, wrote in the fifth wave of the Luxembourg Household Finance and Consumption Survey published on 20 April 2026. Library photo: Nader Ghavami
ECONOMY

Top 5% still hold 33% of Luxembourg household wealth

Kangkan Halder • 21.04.2026
Adem recorded a rise in registered jobseekers in March, while Luxembourg’s unemployment rate remained stable at 6.3%. Library photo: Guy Wolff
ECONOMY

Luxembourg unemployment steady at 6.3% in March

Kangkan Halder • 20.04.2026
“The maximum eligible amount is a theoretical ceiling, not the price actually paid,” replied Claude Meisch, Luxembourg’s housing and spatial planning minister, in a parliamentary reply dated 20 April 2026. Library photo: Romain Gamba
ECONOMY

Luxembourg rejects claims of inflated Vefa construction costs

Kangkan Halder • 20.04.2026
“The market experienced a substitution effect where public and institutional capital filled the gap left by hesitant households, …but masking the underlying weakness of retail demand,” Alessandro Rizzo, chief executive of EuroCaution, on Luxembourg’s Vefa market in 2025. Photo: Paperjam
ECONOMY

Luxembourg Vefa heavily distorted by state, investor buying: EuroCaution

Kangkan Halder • 20.04.2026
The retail sector has taken a significant hit: 51 bankruptcies were recorded over the quarter, an increase of nearly 42%, accompanied by a near doubling of jobs at risk (+93%). Photo: Shutterstock
ECONOMY

Retail bankruptcies up by 42%

Ioanna Schimizzi • 17.04.2026
This week, the European data regulator approved a revised version of the Europrivacy framework and, more importantly, recognised for the first time a European data protection seal that can be used as a tool for international data transfers. (Photo: Shutterstock)
ECONOMY

Europrivacy: the new business for EY, Haca Partners and PwC

Thierry Labro • 17.04.2026
For years, economists and institutions have been describing the same dynamics in Luxembourg. The CNFP’s report primarily brings to light a reality that is rarely expressed in terms that are accessible to the public debate. Photo: Shutterstock
ECONOMY

CNFP highlights the gap between GDP and real wealth

Ioanna Schimizzi • 17.04.2026
Central Bank of Luxembourg and Statec reported a €4.7bn surplus in Luxembourg’s current account in 2025, in their balance of payments release published on 14 April 2026. Library photo: Nader Ghavami
ECONOMY

Luxembourg current account surplus falls €1.4bn to €4.7bn

Kangkan Halder • 14.04.2026
Energy prices drove Luxembourg inflation sharply higher in March after a surge in heating oil and fuel cost. Library photo: Guy Wolff
ECONOMY

Fuel prices push Luxembourg inflation to 2.4% in March 2026

Kangkan Halder • 08.04.2026
The burden of red tape is undoubtedly the most prominent theme emerging from the responses: for most respondents, the simplification they had hoped for has not materialised. (Photo: Shutterstock)
ECONOMY

SMEs caught between scepticism, constraints and expectations

Thierry Labro • 08.04.2026
Just as the Argentine legend used to cut inside, deceiving defenders with his feints, the European Central Bank could ‘dribble past’ economic agents by signalling an intention to tighten policy without actually doing so. Photo: Shutterstock
ECONOMY

The ECB is pulling off a ‘Maradona-style’ move

Thierry Labro • 03.04.2026
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