The special report entitled “Destination: Luxembourg” gives a broad overview of several “hot topics” for Luxembourg’s development and sustainable growth.
Deputy Prime Minister and Minister of the Economy Etienne Schneider talks about the government’s ambitions to shift Luxembourg towards a different type of economic model with the aim to “grow in a very sustainable way, and make sure our growth rates are much more based on productivity growth than on the growth of labour”. The transformation of former steelworks site Belval into the home of the University of Luxembourg, a purpose-built rock music venue and a thriving start-up scene, is highlighted as a “template for brownfield redeveloping”.
The Financial Times report also looks into topics such as how space joins Luxembourg’s finance industry as a future engine of growth, the decision to make public transport completely free of charge, the rapid development of domestic science and the effects of Brexit on the Luxembourg economy.