Luxembourg Chamber of Commerce calls for capped wage indexation system

27.11.2024 - RTL Today.lu

Pressespiegel

With labour costs exceeding those of its neighbours, the Chamber of Commerce is urging reforms to wage indexation to safeguard Luxembourg's economic competitiveness.

The Chamber of Commerce has renewed its call for a reform of Luxembourg's wage indexation system, citing concerns over the country's labour costs, which remain the highest in the Greater Region. This stance was reiterated in the Chamber's assessment of the proposed 2025 state budget, where it emphasised the need to address competitiveness challenges for businesses.

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