The year 2022 was marked by an unprecedented inflationary surge in energy prices and consumer prices in general, fuelled by Russia's war of invasion against Ukraine.
In this context, the government, the UEL, the LCGB and the CGFP signed an agreement (Solidaritéitspak) on 31 March 2022, following the meetings of the Tripartite Coordination Committee on 22, 23 and 30 March 2022, aimed at mitigating the initial negative impact on the economy and households.
Aware of the volatility of the markets, the agreement explicitly provided for the organisation of a new meeting of the Tripartite Coordination Committee in the event of a deterioration of the economic and social situation or the foreseeability of the triggering of an additional index bracket in 2023.
Faced with this deteriorating situation, the government, the UEL, the OGBL, the LCGB and the CGFP signed a new agreement (Solidaritéitspak 2.0) after the Tripartite Coordination Committee meetings on 18, 19 and 20 September 2022 to further support households' purchasing power and companies' competitiveness.
This agreement provided that if, in the course of 2023, the Statec determined that the removal of the measures would lead to an inflationary shock at the beginning of 2024, a new meeting of the Tripartite Coordination Committee would be organised to consider and organise a possible exit from the measures.
As the Statec forecast of 8 February 2023 confirmed the risk of an inflationary shock at the beginning of 2024 if the measures adopted under Solidaritéitspak 2.0 were not implemented, the Prime Minister convened the social partners for preparatory meetings on 28 February 2023, prior to the meeting of the Tripartite Coordination Committee on 3 March 2023.
At this meeting, the government, the three trade unions (OGBL, LCGB and CGFP) and the employers, represented by the UEL, agreed on a new package of measures.
This package of measures is contained in the attached Tripartite Coordination Committee agreement of 7 March 2023.
Press release by the Ministry of State