Cargolux has agreed to pay about €1.15 million to settle a Luxembourg influence-peddling case tied to its former activities in Gabon, in a rare corruption-linked judgment against one of the country's strategic national champions.
BlackFin Capital Partners has completed its acquisition of a majority stake in Arendt Investor Services, the fund-services arm of Luxembourg's largest law firm, after approval by the CSSF. The deal, reported at close to $500 million, signals how far private equity's consolidation of Luxembourg's fund-services industry now reaches.
Luxembourg's state-backed housing developers sharply increased the number of homes they were building in 2025, the clearest sign yet that a construction slump triggered in 2022 may be easing. The Fonds du logement more than doubled its dwellings under construction to 1,227, and the SNHBM launched a record 473 affordable homes. But STATEC's latest figures show the private new-build market remains frozen, leaving the recovery lopsided and incomplete.
Indorama Ventures has told staff at its Steinfort tyre-cord factory it will end production and open a collective-redundancy procedure, threatening around 100 jobs in what unions call Luxembourg's largest industrial closure since TDK in 2007.
Luxembourg's Centre commun de la sécurité sociale collected €8.77 billion in social security contributions in 2025, up 6.7%, as a growing and better-paid workforce — nearly half of it cross-border — underpinned the country's pensions and health system amid building long-term sustainability pressures.
Outgoing IMF chief economist Pierre-Olivier Gourinchas says globalisation is being transformed rather than dismantled, as supply chains adapt and the EU strikes deals that bypass the US. For Luxembourg — the world's most trade-open economy and second-largest fund centre — how global commerce is rewired is an existential question.
Donald Trump has threatened to slap 100% tariffs on goods from any country that taxes US technology companies, a move that would override the EU-US trade deal due to take effect on 4 July. Brussels called the threat unjustified. Luxembourg's direct US exposure is small, but a blanket transatlantic tariff would strike at the steel exports, industry and financial services on which its open economy depends.
French commuters are driving almost all of Luxembourg's cross-border hiring while German numbers slip, reshaping the workforce that fills nearly half the Grand Duchy's jobs.
Luxembourg's real GDP was unchanged quarter-on-quarter in the first three months of 2026 and up 1.6% on the year, STATEC said, as the euro area as a whole shrank by 0.2%. Manufacturing and financial services dragged on activity while investment and public spending held it up, and STATEC has already trimmed its 2026 growth forecast.
STATEC's latest forecast keeps the next wage-indexation tranche pencilled in for the second quarter of 2027, making a second automatic pay rise in 2026 unlikely as tripartite energy measures contain inflation.
As US tariffs reroute Chinese goods toward Europe, the EU is tightening rules on steel, electric cars and low-value parcels — but remains split over how protectionist to become, with stakes that land squarely on Luxembourg.
Luxembourg's 'Let's Make It Happen' nation-branding initiative marks its tenth anniversary in 2026 with a refreshed strategy and a new capital showcase, as the country works to project itself beyond finance.
Luxembourg's social minimum wage rose 2.5% on 1 June 2026 to €2,771.33 gross a month for unskilled work and €3,325.59 for qualified work. A guide to the hourly rates, the under-18 tiers, gross-to-net deductions and how indexation moves the figure.
Luxembourg's registered jobseekers rose 6.5% year-on-year in May 2026 while employer vacancies climbed 7.6%, a divergence ADEM and the government attribute to a deepening skills mismatch.
Luxembourg rose to 14th of 70 economies in the 2026 IMD World Competitiveness Ranking, up from 20th, its first top-15 finish since before 2023. The rebound was driven by a sharp climb in the economic-performance pillar, though the Chamber of Commerce warned the gains rest on volatile international investment.
Luxembourg's parliament has begun examining the €432.5 million Resilienzpak energy-relief package, even as a looming US-Iran deal pushes oil prices to their lowest since March.
On 8 June 2026 EU ministers gave final approval to a regulation that slashes tariff-free steel imports by 47% and doubles the out-of-quota duty to 50%, replacing the safeguard that expires on 30 June. The measure is aimed squarely at a flood of cheap, subsidised steel linked to Chinese overcapacity. For Luxembourg, home to ArcelorMittal's headquarters and 3,520 steelworkers, the rules will help decide whether the LUX2029 restructuring deal stabilises the country's industrial anchor.
The LUXTALENT study by the Luxembourg Institute of Socio-Economic Research finds that roughly eight in ten of the foreign workers arriving on Luxembourg's labour market hold a university degree, and nearly nine in ten new entrants in 2024 were born abroad. The findings quantify how the Grand Duchy's prosperity rests on importing skilled labour from across the EU and beyond — even as half of newcomers leave within five years, with housing costs the main reason.