ARTICLE · 17 MAY 2012

Prime Minister Speech On The State Of The Nation

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On May 8, 2012, the Prime Minister Jean-Claude Juncker presented to the Chamber of Representatives the annual "State of the Nation" speech regarding the economic, social and financial country’s situation.

LuxembourgStrategy

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On May 8, 2012, the Prime Minister Jean-Claude Juncker presented to the Chamber of Representatives the annual "State of the Nation" speech regarding the economic, social and financial country's situation.

Hereafter a selection of the main measures contemplated by the Luxembourg Government. Additionals news will be published when more information (e.g draft bills) is available on the proposed measures.

Investments:
- Although investments remain at a satisfactory level (1.800 EUR million estimated for 2012), they will be reduced (125 EUR million less than initially planned): some constructions projects will not be achieved including by example road infrastructures.
- However, large amounts will continue to be invested in research and development sector and in the IT and broadband sector. In new technologies, Luxembourg is well underway, with 1000 new jobs created. Sector growth will continue despite the programmed modification of the VAT regime applicable to

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