In a context that is increasingly unstable and unfavourable to globalisation--and thus threatening Luxembourg’s growth model--Carlo Thelen, director general of the Luxembourg Chamber of Commerce, is calling for a restoration of national competitiveness and productivity.
At its traditional end-of-year press conference, the Luxembourg Chamber of Commerce listed the external factors destabilising Luxembourg’s growth model. It’s a list that makes the head spin: geopolitical instability, a European Union faced with populists, internal conflicts and misinformation and incapable of taking decisions, demographic imbalances, environmental crises, climate scepticism and economic instability.