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      1. Time to shift up a gear

        “State of play on the crisis in Europe and in Luxembourg: expert views and opportunities” is the title of the 7th edition of the Economy Days at the Luxembourg Chamber of Commerce. The message was clear as day: Luxembourg is still perceived as attractive but must be careful not to lose ground.

      2. We always need a good story

        The financial sector remains attractive for the young generation but their expectations with regard to employers have changed. This is one of the conclusions of Christian Scharff’s interview with LFF about the recruitment market in Luxembourg. As Partner in Advisory, Human Resource Services at PwC Luxembourg, he notes that crises are interesting periods that reveal good managers.

      3. Every economic decision has a moral consequence

        "There is no such thing as an ethically neutral business leader." These were the words of Cardinal Tarcisio Bertone, Secretary of State, as he welcomed 100 global business leaders and academics to the Vatican for an Executive Summit on Ethics for the Business World.

        The delegates, who represented a range of Christian denominations and the Jewish faith, shared a desire to find new ways to ground the ethical dimension of economic and business activity. The reference document of the Summit was Pope Benedict XVI's encyclical on the social teaching of the Catholic church, Caritas in Veritate (charity enlightened by truth), an intensely practical document that has gained a wide following as the springboard for ethical debate in business.

      4. Keeping its eyes on the ball: microfinance tackles issues rising from its success

        Luxembourg has established its voice in the microfinance industry: in the words of Tom Seale, Vice-Chairman of ALFI, the Grand Duchy helps to “put the finance into microfinance”. This puts Luxembourg in the front line of accusations that the microfinance industry has been a victim of its own success. The focus of a recent one-day conference was on two questions: is commercial pressure creating mission drift? And, how do you measure social performance of microfinance investment funds?