Ministry of the Economy // The Luxembourg Government
Remit
The Ministry of the Economy is in charge of the country's economic policy, thus making strategic choices and implementing the instruments necessary for the dynamism and sustainable development of the national economy, in line with its remit (French).
News
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Luxembourg Digital Innovation Hub gets new European dimension
The designation as European Digital Innovation Hub (E-DIH) broadens the scope of the Luxembourg Digital Innovation Hub (L-DIH) as a one-stop-shop for the digital transformation of the Luxembourg manufacturing sector by providing additional channels and financial resources for more impact in Luxembourg and Europe.
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Launch of Luxembourg Future Fund 2
On Friday, 17 March 2023, the Ministry of Finance, Ministry of the Economy, Société nationale de crédit et d'investissement (SNCI) and the European Investment Fund (EIF) officially launched the Luxembourg Future Fund 2 (LFF 2).
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State visit of HRH the Grand Duke to the Republic of Latvia
At the invitation of the President of the Republic of Latvia, Egils Levits, HRH the Grand Duke paid a state visit to the Republic of Latvia from 13 to 14 March 2023. He was accompanied by Jean Asselborn, Minister of Foreign and European Affairs, and Franz Fayot, Minister of the Economy.
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Launch of the call for entries for the second edition of the Luxembourg Tourism Awards
On 21 February 2023, the General Directorate for Tourism officially launched the call for entries for the second edition of the "Luxembourg Tourism Awards", which will reward players in the sector who have been particularly innovative in their projects.
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The Digital Services Act: Entry into force of the obligation for certain online platforms and search engines to publish their average monthly active users
As of 17 February 2024, since the Digital Services Act (DSA) entered into force last November, providers of online platforms and providers of online search engines will be required to publish the average monthly active recipients of the service in the European Union.
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Franz Fayot gave an update on state aid to businesses
The financing of enterprises and the coordination of state aid schemes are part of the specific tasks of the Ministry of the Economy as the body responsible for implementing economic development and diversification policy and economic promotion policy.
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Ministers Lex Delles and Joëlle Welfring awarded the 'EcoLabel' and 'bed+bike' labels
On 9 February 2023, the Minister for Tourism, Lex Delles, and the Minister for the Environment, Climate and Sustainable Development, Joëlle Welfring, awarded the 'EcoLabel Luxembourg' and 'bed+bike' labels.
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Franz Fayot visits automotive supplier Webasto, which is investing in a new sustainable production line for automotive glass
During a visit to the Webasto site in Grevenmacher on 3 February, the Minister of the Economy Franz Fayot confirmed the financial support of the Ministry of the Economy to Webasto Luxembourg SA for the implementation of a new production line for high-tech glass for car roofs and windscreens.
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