Watch Didier Mouget, Managing Partner of PwC Luxembourg, talk about the 2010 results and outlook.
In a very difficult global economic context, global GDP showed only a modest recovery in the year to June 30, 2010. Luxembourg has suffered from this unstable environment, the country deficit has amplified, and relations between the Government, economic actors and union’s representatives experienced increased tensions. However, Luxembourg has also been able to transform those challenges into opportunities and while the fall in Luxembourg was similar to the rest of Europe, the recovery trend seems to be stronger in the Grand- Duchy than in other European countries. In this adverse context, our financial performance has been strong. Our revenues increased by 3.1% with a turnover reaching € 233 million.
Awards and Recognitions