Stopgap solution for 2014 Luxembourg budget
The 2013 budget will be extended by a maximum of four months in order to allow the incoming government to vote a new budget when it takes office and prevent the Luxembourg state from becoming insolvent.
(CS/DS) The 2013 budget will be extended by a maximum of four months in order to allow the incoming government to vote a new budget when it takes office and prevent the Luxembourg state from becoming insolvent.
Ahead of the elections in October, outgoing Prime Minister Jean-Claude Juncker had warned that there could be an impasse in regard to the timing of the 2014 budget.
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