European Parliament Library

Luxembourg :, Staff Report for the 2015 Article IV Consultation

This 2015 Article IV Consultation highlights that Luxembourg’s economic model, emphasizing fiscal stability, openness, firm prudential oversight, and responsiveness to investor needs, is delivering strong growth. Buoyant financial services exports contributed to real growth of close to 3 percent in 2014, with strong job creation. Budget 2015 launched a multi-year fiscal consolidation aimed at offsetting falling revenues from electronic commerce. The economy faces important challenges going forward. Evolving international tax transparency standards, in which Luxembourg is participating fully, could impact the revenue base. Growth is projected at 2.5 percent in 2015
Table Of Contents
Cover Page; Title Page; Copyright Page; Luxembourg: Staff Report for the 2015 Article IV Consultation; Contents; Boxes; Figures; Tables; Appendices; Acronyms; Background and Recent Developments; 1. Economic Activity; 1. Luxembourg: Some Defining Traits; 2. Unemployment, Employment, and Inflation; 3. Financial Sector Developments; 4. External Sector Developments; Outlook and Risks; 5. Growth Projections, Trade Links, Sentiment, and Potential; 2. Selected Tax and Tax Transparency Initiatives; 6. Credit and Housing Market Developments; Policy Discussions; A. Fiscal Policy
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (78 p.)
Specific Material Designation
Form Of Item

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