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 Grand Duchy of Luxembourg

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updated Mon. April 2, 2018

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The first will transport wine around 250km to Belgium, one of the largest export markets for Luxembourg vintages, with its terminus near Brussels. A 169km branch will carry mainly red wine from there to the port of Rotterdam, in the Netherlands, where it will be loaded onto tankers for shipment to China.
Green Finance, formerly a niche product, now has the potential to become a substantial market and Luxembourg, as a financial centre in the heart of Europe, is set to become the domicile of choice for green financial products, having already taken several pioneering steps in this direction. Steven ...

On 30 March, MPs in the Luxembourg finance committee were still working on the draft law. According to parliament, they adopted 35 amendments after analysing the opinion of the Council of State. Described by MPs as a "very technical" file, the text aims to improve the transparency of content before ...
On the occasion of the signing of the new double taxation treaty (DTT) between Luxembourg and France on 20 March 2018, the grand duchy's finance minister, Pierre Gramegna, commented in a government press release that the new DTT is, "…an innovative instrument that will benefit both citizens ...

Originally from Cork with family from Fermanagh, 23-year old Stacey McKenna's internship at a Luxembourg bank convinced her to move to the grand duchy. Keen on travelling, Stacey recently completed her teaching English as a foreign language studies. She is also active in sports and volunteering.
Guest MC David Hayden from Ireland introduces two international acts at the Luxembourg Comedy Showcase. England's Alistair Williams doesn't shy away from tackling rough subject matter, while Ireland's Ger Staunton delivers meticulously crafted material in a tongue-in-cheek style. Also on the bill are two local acts.
GovSat 1 has entered operational service to provide secure communications to governmental and institutional users. The spacecraft is GovSat's first, a Public-Private Partnership (PPP) between the government of Luxembourg and SES. SpaceX launched the satellite into space in January on a flight-proven ...
Luxembourg, with its international population, is an ideal testing ground for such niche markets, says House of Entrepreneurship CEO Tom Baumert. “We're seeing niche markets that weren't tackled five years ago,” he said, adding that vegan and vegetarian are the in thing while fast food has been given a ...
Seven weeks after being launched into space on board a SpaceX Falcon 9 aircraft from Cape Canaveral Air Force Station, and after further extensive testing, the first satellite of GovSat, a public private partnership between the Luxembourg government and the satellite operator SES is getting down to ...
22,323 tickets per month have been issued and an average of 735 driving offenses a day have been captured on Luxembourg roads since the installation of fixed ... According to an article in the Luxembourg Wort, published on Friday 16 March 2018, it is cross-border workers who are the worst culprits.
When it comes to global rankings, the Pisa study is Luxembourg's pet peeve, placing the grand duchy below the OECD average for the levels of 15-year-olds in science, maths and reading since it began participating in the assessment in 2000. “I think that we cannot truly speak of international comparability ...
The “Initiative pour un devoir de vigilance au Luxembourg” (Luxembourg due diligence initiative) brings together the voices of 13 associations and organisations from Luxembourg society to push for a law to force multinational firms located in Luxembourg to protect, respect and repair any damage to human ...
A member of the Ecologist Party since 1998, Loschetter was first elected as an adviser to the City of Luxembourg in 2000. She joined Luxembourg's parliament four years later and was elected onto the City Council in 2005, where worked on social actions supporting young people and the elderly, housing ...
“Some indicators suggest that Luxembourg's tax rules may be used in aggressive tax planning structures. Luxembourg has taken steps to amend certain aspects of its tax system that may facilitate aggressive tax planning and is engaged in international tax reform. However, the absence of withholding taxes ...
According to the European Systemic Risk Board, an EU regulator that sits under the European Central Bank, recent years have seen a sustained increase in household debt and a sharp rise in property prices in Luxembourg, which leave the property sector susceptible to risk. The Luxembourg Chamber of ...

Luxembourg voted a law on equal pay on 15 December 2016 penalising employers for pay inequalities based on sex. Equal opportunities minister Lydia Mutsch said since then things have shifted. “Luxembourg has moved from a wage gap between men and women from 8.6% to 5.4% in 2017. But our ...
Chuck Robbins, CEO of Cisco, and Xavier Bettel, Luxembourg's DP prime minister, sign a guest book during the inauguration of the University of Luxembourg's new startup incubator, in Esch-Belval, 7 March 2018. Photo credit: @ChuckRobbins ...
Best Cities has declared Luxembourg “one of Europe's best kept secrets” and says “…picturesque and petit…the capital city punches far above its weight.” The Best Cities index, produced by the tourism advisory firm Resonance Consultancy, stated that Luxembourg's international citizenry (more than 170 ...
The airline's group chief executive, Akbar A Baker, said that it would be the first Gulf carrier to begin a regular direct flight to Luxembourg. As yet the date and type of aircraft has not been announced. The flights are “not bookable yet”, Luxembourg Airport tweeted on Wednesday evening. So “stay tuned” for ...
“I enjoy it to relax and so on.” Her drawings of animals are beautiful and detailed. But more recently it is de Bres's collection of illustrations that gently poke fun at life in Luxembourg, cultural differences and the grand duchy's quirky traditions that have been garnering acclaim on her Instagram account and on ...
Jess Bauldry: How did you get involved in politics? Astrid Lulling: I worked for the trade unions, then in 1962 I became president of the socialist women's organisation. In 1964, there were elections. I didn't even think about it. There was a lot to do in Luxembourg. The women had no rights at all. They decided ...
Recognised as one of the great male vocalists, composers, and songwriters of his generation, Rufus Wainwright will perform at the Conservatoire de la Ville de Luxembourg on 14 July. He has released a string of acclaimed studio albums, including 2007's “Release The Stars”, as well as a recording of his ...
Among workers who completed their education after secondary, 28% across the EU did training, compared with 43% in Luxembourg. People who left school before 18 showed the lowest participation rates in job-related training, equivalent to 16% in the EU and 19% in Luxembourg, the report found.
Luxembourg stands with Austria in its lawsuit launched against the European Commission at the European Court of Justice over a controversial nuclear power plant expansion in Hungary, Luxembourg's Minister of the Environment Carole Dieschbourg announced on Monday. Dieschbourg said the ...
Luxembourg received over 10,000 visa applications in 2017, according to annual figures published by the foreign affairs ministry. In its 28 February report, the ministry wrote “Unfortunately, it should be noted that the number and complexity of fraudulent applications are constantly rising. These applications ...
On Monday 5 March 2018, Luxembourg Labour Minister Nicolas Schmit outlined a new bill that will regulate internships for business students. The aim of the new bill is to provide more transparency as to the rights and dues of students during an internship. According to Schmit, “Internships have become ...
This was the 6th consecutive year of growth, said Luxembourg for Tourism; the country recorded a total of 2.2m guest-nights in 2011. Last year the capital and South region both experienced 6% growth in overnight stays; the Mullerthal and Centre-West were the slowest growing areas, but still clocked up ...
Finally, the Council debated the proposal of France, the United Kingdom and Luxembourg concerning the ban on the ivory trade. Luxembourg is committed to a ban on the European level and wants to provide the necessary means for a unilateral and rapid ban on ivory trade in Luxembourg. To this end, the ...
Consumer confidence levels in Luxembourg fell slightly in February after a sharp spike at the beginning of the year. Figures published by Luxembourg's Central Bank (pdf) on Tuesday, placed the overall confidence indicator at 18, down from a historic high of 20 in January. Indeed, in January, almost all ...
However, “That is definitely not a solution that we can possibly entertain,” said Varadkar, speaking at a press conference in Dublin with Xavier Bettel, Luxembourg's prime minister. Bettel said Luxembourg and Ireland needed to stand together, and called on London to provide more specific details on its ...
Luxembourg is supporting Austria in its legal challenge against the European Commission over a controversial planned nuclear power plant expansion in Hungary, the environment ministers of both countries announced on Monday (5 March). The two anti-nuclear member states also said they want to build ...
'Luxembourg is a MICRO-STATE' Anti-EU candidate BELITTLES Juncker amid key Italian vote. ITALIAN election candidate .... “Besides, I'd like to remind Mr Juncker that he was only the Prime Minister of the micro-nation that is Luxembourg at the peak of his political career. “On the other side of the table, ...
Schneider also announced that on February 25 a tender for the installation of PV projects exceeding in size 500 kW has been launched. Private citizens and enterprises are entitled to participate to the tender. “With this kind of tenders, Luxembourg will reach its national targets for renewable energy,” said ...
The Nee 2015 initiative has since been renamed the “Wee 2050” and campaigns in defence of the Luxembourg language. He is not yet a member of the ADR and had “no comment” for Paperjam, which has the news from a reliable source. The party will make an official announcement about its candidates ...
On its Facebook page, ING Night Marthon Luxembourg posted an announcement on Thursday evening. Disappointed runners who missed the boat can still sign up to the waiting list, the post said. “If some of you should change his plans and is willing to give his slot to another runner, just contact us and we ...
Luxembourg's finance minister, Pierre Gramegna, on February 28 told the press that his country sees need to speed up the political integration of the Eurozone by creating a European ministerial post for economy and finance. His comments were in stark contrast to those of European Commission President ...
An airplane is seen flying over Citibank's building, Canary Wharf, London, 22 July 2012. Citibank was one of the financial companies cited on 1 March 2018 by Luxembourg for Finance as shifting some EU operations to the grand duchy. Photo credit: Duncan Rawlinson (CC BY-NC 2.0) ...
Foreign minister Jean Asselborn will join Luxembourg's ambassador to Brazil, Carlo Krieger, to inaugurate the grand duchy's newest embassy will also attend the ceremony in the capital, Brasilia. Krieger took up his post as ambassador last September and was working out of the Belgian embassy until the ...
Conservationists will no doubt welcome the news as wolves had been absent from Luxembourg for some 124 years until a report from Garnich, south west of Luxembourg, in July 2017. Luxembourg has been preparing for the possible return of the wolf, which is protected throughout Europe. Wolves ...
More than 20 major international institutions chose to set up all or part of their activities in Luxembourg last year, the country's financial development agency said on Thursday, linking the decisions to Britain's move to leave the European Union. The tiny EU-member state is one of several countries vying for ...
Jupiter Asset Management this week confirmed it is in the planning stages of expanding its presence in Luxembourg. “We're seeking the necessary regulatory approvals,” a Jupiter spokesperson told Delano on Wednesday, adding that the firm was also looking for premises. The spokesperson would not ...
... France, Belgium, the Netherlands, Denmark, Austria, Spain and Switzerland). It was from the results of this study that Luxembourg based its new regulation. Specifically, nine measures have been adopted and subsequent changes to the highway traffic act made, which will come into effect on 1 May 2018.
Luxembourg's foreign affairs minister Jean Asselborn has repeatedly called for triggering Article 7 against Hungary; the Hungarian foreign affairs minister has now reacted in very strong terms. Pictured: Jean Asselborn (left) and Jean-Claude Juncker (right), European Commission president at the Munich ...
Yesterday, the Grand Ducal Court (Cour Grand-Ducale) of Luxembourg announced that Their Royal Highnesses Grand Duke Henri and Grand Duchess Maria Teresa would undertake a state visit to France from 19 to 21 March 2018. The couple has been invited by His Excellency Emmanuel Macron, ...
British ambassador to Luxembourg John Marshall (photo Mike Zenari) will speak at the event, informing citizens about their rights in the light of Britain's departure from the EU. Other speakers will include an official from the department of exiting Europe, who will explain what the 8 December 2017 trade agreement means for ...
In a press release published on Monday, the CSSF said that it had filed an application with the district commercial court “for the suspension of payments” by ABLV Bank Luxembourg. The body said its decision came as a result of a European Central Bank letter from Sunday inviting it to impose a moratorium ...


 

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