Russian assets worth €5.5bn blocked in Luxembourg
While the ministry of finance has just made public the procedure for derogation from the EU sanctions regimes against Russia, the quantity of blocked assets is rising [...]
Articles by lux-editor
No. 1: Julie Becker, the effective influencer
Julie Becker is the top-ranked decision-maker of the 9th edition of the Paperjam Top 100, whose gala evening took place on Tuesday 13 December. Her skills, leadership and vision won her unanimous approval–along with her role in bringing the Luxembourg Stock Exchange to the world [...]
We need to think about a transport tax for companies
François Bausch (déi Gréng), minister for mobility and public works, has justified the cost of public transport for the taxpayer and envisages a number of avenues to finance Luxembourg’s mobility in the long term–in particular, by getting companies to participate [...]
Survey: climate change is Luxembourg’s biggest challenge
Concern around climate change has grown amongst people in Luxembourg, according to a survey published by the European Investment Bank on 27 October. 55% cite it as their top concern, compared to an EU average of [...]
ECB expected to tighten liquidity
While there is no doubt that key interest rates will be raised again, the European Central Bank may also want to tackle the excess liquidity in the banking system. The Targeted Longer-Term Refinancing Operations (TLTRO) are in the ECB’s [...]
Mudec celebrates 25 years in Differdange
On the occasion of its 25th anniversary in Differdange, Raymond Manes and Stephanie Shaheen from the Miami University John E. Dolibois European Center (Mudec) highlighted recent accomplishments and plans for the [...]
Crisis budget prioritises social subsidies and energy
Finance minister Yuriko Backes (DP) presented the draft budget for 2023 which foresees a state spending of €27.3bn compared to a revenue of [...]
Number of power failures down so far in 2022
The grand duchy’s electricity network has been slightly more reliable this year than it was in [...]
Swiss companies brace for energy crunch
Companies in the industrial and chemical industries are preparing to manage higher energy costs this winter, with some already shifting from gas to oil, according to a survey by the Zurich Cantonal [...]
‘If we stick to our traditional methods, technology outpaces policy’
Amandeep Gill, the United Nations’ new envoy on technology, is working with countries, companies, and NGOs to ensure digital technologies generate more opportunities than risks around the [...]