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Thelen welcomes tax cuts but demands tighter spending controls

09.10.2026 - Delano

In the press

The Luxembourg Chamber of Commerce sees welcome business measures in Budget 2027 but says the government needs tighter control of public spending. Director general Carlo Thelen questions how the costly 2028 income-tax reform will be financed while warning that rising labour costs and slow housing development continue to weigh on competitiveness.

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