General Members News

Chamber of Commerce Says Political Leadership Needed to Restore Business Confidence

In its analysis, the Chamber noted that the environment in which Luxembourgish businesses operated has changed profoundly since 2020 and successive global shocks have negatively affected companies’ profitability and competitiveness. They said that although the Luxembourg Government has set a course to support economic recovery, its measures often remain too cautious and lack ambition in the face of the multiple challenges arising from an unstable, high-risk business climate.

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General Members News

Chambers of Commerce: Skilled Trades and Crafts, issue a joint opinion on pension reform

The Chamber of Commerce and the Chamber of Skilled Trades and Crafts issued a joint opinion this week on draft law no. 8634, which amends the Social Security Code and the Labor Code and aims to introduce a reform of the pension system. After thorough analysis and consultation with their members, the two professional chambers oppose the draft law, while reaffirming the urgent need for structural reform to guarantee the long-term sustainability of the pension system.

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