uxembourg’s Prime Minister, Jean-Claude Juncker, decided to adapt the indexation of wages on inflation. Over the next three years, only an index bracket will be paid annually, in October. Until now, once a semester, employers automatically had to echo indexation on their workers’ payroll as soon as inflation was higher than 2.5 percent. (Ref. 110797)
Tripartite failure.
Since the crisis began, the indexation system has been questioned, the
Union of Enterprises of Luxembourg, UEL, is...
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