Jean-Claude Juncker meets labour unions and employers for bilateral talks
Luxembourg’s Prime Minister Jean-Claude Juncker met with both unions and employers for bilateral talks this week, ahead of his state of the nation address on April 10.
At the meeting with Luxembourg’s labour unions on Wednesday, Finance Minister Luc Frieden presented a gloomy outlook for the Grand Duchy’s public finances. Frieden predicted that the deficit could climb as high as two billion euros by 2016 due to the loss of taxes from the e-commerce sector starting 2015.
Union representatives from the LCGB, OGBL and CGFP were in agreement that the situation is serious. However, both OBGL and CGFP said that the numbers presented by Frieden were a worst-case scenario and that this could still be avoided.
The unions were largely positive about the meeting, which particularly stressed the importance of the government to address rising unemployment in the country, especially among young people and older workers.