Interview
Q&A with Luxembourg central bank
Gaston Reinesch, governor at the Luxembourg Central Bank, speaks to the Luxembourg Times about the country's economic outlook, the housing market and the European Central Bank.
Q: What is the outlook for the Luxembourg economy?
A: Real GDP growth in 2013 was 3.7% and 5.8% in 2014. As far as 2015 and 2016 are concerned, Statec, the Luxembourg statistical institute, recently, in October, significantly revised downwards its estimate for these years. For 2015, real GDP growth has been revised downwards from 4% to now 2.9% and for 2016 from 4.2% to now 3.1%.
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