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The national statistics office Statec published a mid-term outlook predicting that the Luxembourg economy will benefit from ‘balanced and sustained expansion’ over the next years. A growth of 4.5% is expected until the end of 2019.

Statec said the economic expansion would benefit all sectors, be marked by a non-inflationary environment and see unemployment fall to an annual average of 5%.

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Luxembourg ranked 2nd worldwide in the latest 2018 Innovation efficiency ratio

12-07-2018

The major Global Innovation Index strengths of Luxembourg are the Innovation Efficiency Ratio, where the country ranks 2nd in the world, and the Innovation Output Sub-index, positioning Luxembourg 4th globally.
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ICT and health tech start-ups: Apply now for Fit 4 Start

09-07-2018

Are you launching a start-up and determined to succeed? Luxembourg’s acceleration programme Fit 4 Start offers you intensive coaching, attractive pre-seed funding and access to key networks. The next edition will accept 10 start-ups in the field of ICT and another 5 specialising in health technologies.
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CarPay-Diem mobile payment solution spotted by Volkswagen

06-07-2018

Created two years ago, Luxembourg start-up CarPay-Diem offers a mobile payment solution for the (many) motorists who refuel at petrol stations. The company was discovered by the German group Volkswagen during the last Cebit trade fair in Hanover, and has, as a result, been offered a six-month stay at Die Gläserne Manufaktur, the group’s innovation incubator based in Dresden.
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Blast furnace celebration

06-07-2018

Belval, the site of Luxembourg’s last blast furnaces and today home to the country’s City of Sciences, Research and Innovation, hosted its annual blast furnace party this weekend. Visitors could enjoy concerts, dance shows, workshops and performances by street artists and acrobats with the country’s industrial heritage as a spectacular backdrop.
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Luxembourg industry investments create dynamic job market

06-07-2018

Numerous industrial groups in Luxembourg are currently investing in future-oriented technologies and smart factories. As a result, the national job market abounds with interesting opportunities for scientists and engineers as well as for skilled technicians and machine operators.
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