Standard&Poor's: Luxembourg Remains an "AAA" Economy

Written by: Editor

Standard-Poors-Luxembourg-Remains-an-AAA-Economy.pngAccording to the data provided by the international rating agency Standard&Poor’s (S&P), Luxembourg maintains its status as an “AAAeconomy. The economic growth of the country is estimated at 3,4% for the period of 2017 – 2020, due to a development of the consumption following the tax reform implemented in 2017, but also due to the increase of the financial sector, which is one of the top economic fields of the country. Investors interested in opening an investment fund in Luxembourg can benefit from a solid legislation in this field, as well as numerous tax advantages, which can be detailed by our team of financial experts
 

Luxembourg's economy  

 
Businessmen who want to set up an investment fund in this country, such as the SIF in Luxembourg or the SICAR, should know that S&P estimated that the country’s representatives will continue a balanced fiscal policy on a medium run. The country’s budget balance is estimated to provide a surplus of 0,3% of the gross domestic product for the period of 2017 – 2020. 
 
Another important aspect related to the “AAA” rating refers to the fact that the local government is maintaining through various policies a sustainable growth of the local economy. Moreover, S&P declared that the Luxembourg government is able to react in a positive manner to economic challenges. 
 
The country’s Finance Minister declared that the “AAA” rating provides a sign of confidence in the local economy, which has a positive effect on the foreign investments performed in this country, as well as on the employment market. Our team of financial agents can offer in-depth assistance on the main regulations related to the investment law applicable in this country. 

 

AAA rating by Standard&Poor’s 

 
Investors interested in wealth management in Luxembourg must know that the “AAA” rating designates the highest rating provided by S&P. The rating shows that the respective country, in this case, Luxembourg, has the capacity to meet its financial commitments
 
Investors are invited to contact our team of financial consultants for in-depth information on how to invest of the Luxembourg financial market
 

Comments

  • Brian 2017-09-26

    I completely recommend investing on the Luxembourg financial market, as it is one of the most developed economies in this field of activity.

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