There has never been more over indebted people on the European continent than in 2018. Luxembourg, a country among the richest, seems far from this concern. Nonetheless, the Grand-Duchy is not left unscathed; despite high salaries, the living cost and especially the real estate prices are particularly high. Although the vast majority of over indebtedness people are disadvantaged members of society, it also affects employees and senior executives.
It is from this perspective that IMS Luxembourg, in collaboration with the Ministry of Labour, Employment and the Social and Solidarity Economy, the ULESS and 6zero1, organised a cycle of co-creation workshops on the issue of over-indebtedness. IMS member companies, social companies, non-profit organizations and public organizations gathered in an environment conducive to collaborative work and together they imagined concrete and innovative solutions.
Three projects emerged:
- A financial education mobile app
- A tool for preventing over-indebtedness
- A national awareness campaign
We have gathered several resources and documents on the topic of over-indebtedness and on the specific context in the Grand-Duchy.
The new thematic report on over-indebtedness in Luxembourgsummarizes the work and discussions of the four workshops. It gives an overview of the issue of over-indebtedness in Luxembourg : key figures and information, progress of the workshops and concrete solutions.
A database is also available on request for IMS members or participants of the workshops. It provides information on the different projects, the history of the workshops and general information on the fight against over-indebtedness in Luxembourg :
- Resources and data on over-indebtedness
- Expertise and good practices
- Project note
PLEASE NOTE: A conference will be held in 2019 on the theme to highlight new initiatives and continue the momentum initiated last year.