Bruno Colmant steps down as CEO of Degroof Petercam
Bruno Colmant will be stepping down from his post as CEO of Degroof Petercam to focus on the bank’s private banking [...]
Finance
Gentiloni says digital levy to fund NextGenerationEU will be proposed by summer
The European Parliament debated the future of a digital tax. In a report by Andreas Schwab MEP (EPP, DE) and by Martin Hlaváček MEP (Renew, CZ) the Economic and Monetary Affairs Committee reporters and their colleagues in the Budget Committee called for a fairer outcome and the creation of a new ‘own resource’ [...]
Agriculture: Short-term outlook report favourable for EU agricultural sectors
The Commission has published the latest short-term outlook report for EU agricultural markets. This regular publication presents a general and sector-by-sector overview of the latest tendencies and further prospects for agri-food markets. The first 2021 edition concludes that the EU agricultural sector has shown [...]
BGL BNP Paribas reports 15% profit growth
Luxembourg’s largest bank, BGL BNP Paribas, reported consolidated net profit of €398.3m last year, an increase of [...]
Companies should be held accountable for their actions, say MEPs
MEPs want a new EU law to ensure companies are held accountable when their actions harm people and the planet. On 8 March MEPs debated a report by the legal affairs committee on corporate accountability. The report calls on the European Commission to come up with a law obliging EU companies to address aspects of their [...]
European Battery Alliance: Ministerial meeting on progress and future actions
On 12 March, the Commission held the 5th Ministerial Meeting under the European Battery Alliance. Vice President Maroš Šefčovič, Commissioners Thierry Breton, Nicolas Schmit and Elisa Ferreira, as well as the European Investment Bank Vice-Presidents Ambroise Fayolle and Thomas Östros attended the event alongside [...]
“Next week I’m launching Luxaviation USA in New York”: Patrick Hansen
Next week, Luxaviation will be launching on the US market in New York. Delano’s sister publication Paperjam spoke to the company’s CEO, Patrick Hansen, after a year that saw him buy five companies, launch LXA Flyer and reposition the firm to better emerge from the [...]
Issuance of green bonds will strengthen the international role of the euro
Eurogroup ministers discussed the international role of the euro (15 February), following the publication of the European Commission’s communication of (19 January), ‘The European economic and financial system: fostering strength and [...]
European Commission and ECB to launch a digital euro project
Are you ready to use a ‘digital wallet’? For the uninitiated, this refers to a virtual currency that is meant to be a complement to the cash in peoples’ wallets. Eurozone central bankers are leaning towards a rollout of the so-called digital euro later this year. The digital euro will be an electronic form of [...]
Luxembourg’s Gender pay Gap
Luxembourg has one of the narrowest gender pay gaps in the EU, at 7.2% (or 7.1% excluding the public sector) according to figures published by Luxembourg data gathering body [...]