Central Asian state of Kazakhstan is ruled by the more ore less firm hand of its first president Nursultan Nazarbayev. The acting president, Tokaev, is considered only a decoy of the true power. The problem is that people associated with Nazarbayev are stealing to much money, and do this without fear of retribution. [...]

Announced by Prime Minister Xavier Bettel in mid-November, the process of raising the social minimum wage has been launched. Our colleague from 5minute, Thomas Toussaint, reports on the government’s [...]

Today, PingPong announces its authorisation as an Electronic Money Institution (EMI) by the Commission de Surveillance du Secteur Financier (CSSF) in [...]

The European Central Bank (ECB) is about to extend its borrowing programme, specially designed for the the crisis, for a further year. This decision could be made public by the next [...]

Luxembourg has long been a global hub for investment funds and insurance companies, and is home to about 5 trillion euros ($6.1 billion) in fund assets. More than 60 financial firms have established operations in the Grand Duchy due to Brexit, according to Nicolas Mackel, the head of Luxembourg for Finance, a [...]