News

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.

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).

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.

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.

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.

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.

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.

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.

The Minister of the Economy, Franz Fayot, attended the Gipfeltreffen der Weltmarktführer (Summit of World Market Leaders) in Schwäbisch Hall, where he gave a speech entitled "How Luxembourg is preparing its economy for tomorrow: resilience through green and digital transformation".

Prime Minister Xavier Bettel and Minister of the Economy Franz Fayot visited the premises of Artec 3D in Senningerberg on 31 January 2023 to inaugurate the company's new optoelectronic production site where its award-winning 3D scanners, which have contributed to its worldwide reputation, will be assembled and manufactured.

As part of its 5th anniversary, the Luxembourg Space Agency, in partnership with some twenty Luxembourg-based space companies and start-ups, is opening its doors to the general public throughout 2023.

On 25 January 2023, Lex Delles, Minister for Small and Medium-Sized Enterprises, Carlo Thelen, Director General of the Chamber of Commerce, and Carole Muller, President of the Luxembourg Confederation of Commerce, presented the "Pakt Pro Commerce 2023".

The public campaign conducted by Luxembourg Stratégie, the strategic foresight department of the Ministry of the Economy, as part of the development of possible future scenarios and the design of a strategic vision for the Luxembourg economy up to 2050, ended on Monday 16 January 2023 with a second citizen debate with Franz Fayot, Minister of the Economy.

On 4 January 2023, the Minister for Energy, Claude Turmes, presented the new measures to help households in the context of rising energy prices, and gave an overview of the efforts made to reduce energy consumption in Luxembourg.

The Prime Minister of the Socialist Republic of Vietnam, Phạm Minh Chính, and the ministerial delegation consisting of four Vietnamese ministers and a large business delegation concluded the first day of their visit to Luxembourg.