Referendum proposalAlternative Democratic Reform Party suggests referendum halting economic growth

RTL Today
ADR MP Gast Gibéryen announced the idea to hold a referendum querying Luxembourgs's economic growth to the press on Thursday morning.
© Claude Kons

According to Gibéryen, the country has come to dead end after five years of the blue-red-green coalition. He pointed out that more and more people are leaving Luxembourg to live abroad, meaning that not everybody is benefiting from economic growth.

The politician believes that in order to halt economic growth, citizens must be ready to sacrifice issues. The country could control which firms settle in Luxembourg through taxation.

The ADR is of the opinion that it is false to think that the country is dependent on growth in order to fund pensions. The employees of today are tomorrow's pensioners. Gibéryen pointed out that it is a snowball effect in terms of pensions as currently the country requires 2.5 active workers to make up for a pensioner.

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