News
Markets face an uncertain second half of the year
4+ hour, 1+ min ago (444+ words) delano. lu Our mid-year analysis suggests that the markets are approaching the second half of 2026 with caution following a strong start to the year. Despite share prices reaching record highs, driven by earnings and investment in AI, inflation, geopolitical tensions…...
Africa's fintech is becoming an economic growth infrastructure
2+ week, 2+ day ago (697+ words) Fintech is often viewed as a tool for improving payments and financial services. At Nexus, industry leaders argued that its impact goes much further. By expanding financial inclusion, strengthening payment infrastructure and accelerating the circulation of money, fintech is increasingly…...
Luxembourg inflation falls to 2. 3% as energy prices ease
3+ week, 3+ day ago (305+ words) Luxembourg's annual inflation rate eased in May as energy prices fell month on month and services inflation slowed. Statec attributed the slowdown mainly to a 2. 5% month-on-month fall in energy prices and a more moderate rise in service prices. Energy prices…...
Two weeks or the economic shock: Luc Frieden's hypothesis
1+ mon, 5+ day ago (501+ words) delano. lu Speaking at the EY event on Thursday evening at the Cercle Cit, Prime minister Luc Frieden said he saw the prolonged closure of the Strait of Hormuz as posing the risk of a global "major economic shock. In…...
Public debt will exceed 30% of GDP in 2027
1+ mon, 6+ day ago (339+ words) The latest economic forecasts from Brussels suggest that economic activity in Luxembourg will gradually pick up. Growth is expected to reach 1. 6% in 2026 and 2% in 2027. However, this recovery will not prevent debt from exceeding the symbolic threshold of 30% of GDP. Private…...
The energy crisis is fuelling a rise in interest rates
1+ mon, 1+ week ago (271+ words) The deadlock in the Middle East conflict is dampening economic momentum and fuelling inflationary pressures. This explosive combination has triggered a sharp rise in bond yields. Furthermore, the ECB's latest survey on bank lending in the euro area revealed a…...
Public sector told to clear growth bottlenecks
1+ mon, 2+ week ago (655+ words) Ministries, administrations and regulators should turn constraints into supports for economic development, the Economic and Social Council said, linking the country's next expansion phase to pensions, social programmes and public finances. Luxembourg's welfare state depends on a whole-of-government effort to…...
The AI economy is replacing the consumer economy
1+ mon, 2+ week ago (614+ words) The next economic cycle may not be driven by consumers but by artificial intelligence, industrial investment, and economic resilience. According to Amundi's Guy Stear, markets are underestimating how profoundly AI is reshaping growth. While the ECB maintains a stance of…...
Interest rate jump looms as inflation outlook worsens
1+ mon, 3+ week ago (792+ words) Eurozone households face the risk of slower relief on borrowing costs after ECB forecasters sharply raised their 2026 inflation outlook from 1. 8% to 2. 7%. Eurozone households face renewed pressure from inflation and borrowing costs after the European Central Bank's survey of professional forecasters…...
A further "150m for defence
1+ mon, 3+ week ago (361+ words) Luxembourg is launching its National Defence Fund (FND). The SNCI will manage this new initiative, which is designed to bolster the development of a national ecosystem of innovative companies in the defence sector. The fund has a budget of "150m over…...