Luxembourg's GDP has grown on average by 3.5% per year since 2013. The labour market has meanwhile grown by 3% and the number of foreign employees who live in or have moved to the Grand Duchy has increased by 3.4 %.
Minister of Finance Pierre Gramegna and the Minister of the Economy Franz Fayot presented these figures in response to a parliamentary question posed by Pirate MP Sven Clement.
The Grand Duchy is regularly placed at the top of the ranking of the most competitive countries in terms of attractiveness of young talents. The government is nevertheless aware that this situation has caused a change in property prices which has consequences for the population.
Both ministers confirmed that the authorities were determined to strengthen the supply of affordable housing and to take all measures to maintain a sustainable social balance.
