Global Entrepreneurship Monitor Luxembourg 2020/2021

  • Year of publication: 2021
  • Category: National Reports
  • Language: English
  • Upload date: 2021-06-25

ENTREPRENEURSHIP ACTIVITY HAS SLOWED DOWN IN 2020. THE CREATION OF NEWS COMPANIES INCREASED OVER THE LAST MONTHS. Entrepreneurial activities have slowed down in Europe during 2020. Luxembourg suffered a decrease comparable to other European countries. However, recent data from the Luxembourg Business Register indicate there are reasons for optimism given a rebound in new business formation of 20% during the first five months of 2021.