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Increase in minimum wage not possible claims Thelen

23.01.2026 - RTL Today.lu

In the press

On Friday morning, the director general of the Chamber of Commerce spoke to RTL on the ongoing trade dispute between the EU and the US, minimum wages, pensions, and national productivity on the Invité der Redaktioun' radio show.

Last year saw upheaval in the social sector, and for 2026 it is up to the businesses to get ahead, Carlo Thelen told RTL on Friday.

Over the last two decades, European businesses have on average improved their productivity by 20%. However, in Luxembourg, productivity has dropped 2.9%, putting pressure on profitability.