Sector · Regulation · People

Return of CSV could redraw country’s financial course

CSV leader Luc Frieden (left) on Monday was appointed as formateur by Grand Duke Henri. Photo: Grand Cour Ducale.
With the collapse of the Green vote ending the country’s so-called “Gambia” (blue, green, red) coalition, Luxembourg’s financial sector is seen to stand to benefit from the near-certain return of the exiled Christian Socialists to governing. There’s an emerging consensus that a prime minister Luc Frieden would be good news for the financial sector and would also make finding solutions to problems besetting the country more likely.

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