The International Monetary Fund has warned that, without a change of course, Luxembourg's run of budget deficits will push public debt up against the 30%-of-GDP line the government has treated as a red line for years, and it is urging spending discipline, a broader tax base and a legislated debt anchor.
Japan recorded 705,809 births in 2025, a 10th consecutive record low, while South Korea's fertility rate rose to 0.80 from 0.75. Tokyo and Seoul are forming a joint task force on the demographic crisis. Here is what the numbers mean, why Korea's uptick may not last, and why below-replacement Europe should pay attention.
Luxembourg's indexation system links wages, pensions and social parameters to the cost of living. This explainer shows how the threshold, six-month average and cote d'application work.
Luxembourg's automatic wage indexation raises salaries and pensions from 1 June 2026 after inflation pushed the sliding scale to its next threshold.
Luxembourg’s 2026 pension package combines a pension adjustment, contribution changes and new incentives for people who keep working or save privately.