Luxembo - The American Chamber of Commerce Luxembourg

EDITORIAL
CHAIRMAN's remarks
5
a word
from the chairman...
Dear AMCHAM Members and Friends,
Welcome to the fall 2009 issue of your AMCHAM news magazine. We hope you enjoyed your summer and have
returned renewed to face the challenges of the coming months. From every indicator, you will need that energy and
enthusiasm as the economy is still rather flat and the recovery moving at a very slow pace, having not yet bottomed out.
Our network tells us that there will be several more social plans that move forward this fall and most companies are
severely limiting recruitment, if allowing it at all!
So times are tough.
But tough times bring opportunities as well and I am aware of a few companies who are using the downturn to aggressively
develop new business lines and to smartly position themselves to the recovery which is just around the corner.
I am confident you all will do well as clearly you all have the right stuff !
This issue sets a positive tone with a focus talking about the current and considerable educational opportunities available
in Luxembourg. For you, your spouses and family members, Luxembourg is rife with educational opportunities.
We encourage you to explore these educational opportunities and make the most of them. Now is the best time to
prepare for tomorrow!
I look forward to seeing you at one of our many fall AMCHAM events. And remember, we are here for you whenever
you need us.
With my best regards,
Paul Michael Schonenberg
Chairman and CEO