Luxembourg News News Luxembourg » Economy: Luxembourg inflation unchanged at 2.2% despite soaring energy costs
Luxembourg’s annual inflation rate remained unchanged at 2.2% in August despite soaring energy costs year-on-year, the country’s official statistics agency Statec said on Friday. Energy prices in ...
News Luxembourg » Economy: India, Luxembourg discuss strengthening economic ties in key sectors
Union Minister Piyush Goyal and Luxembourg's Deputy PM Xavier Bettel discussed strengthening bilateral economic ties in key areas like logistics, AI, and space. Bettel hailed the 'trusted' relations ...
News Luxembourg » Economy: Luxembourg’s Much Admired Economy Is Losing Steam
LUXEMBOURG – (dpa) – Luxembourg’s booming economy has long been cause for envy and admiration from its neighbours – but the current global recession is having a marked impact on economic growth rates.
News Luxembourg » Economy: Luxembourg Minister of Economy, SME, Energy and Tourism Mr. Lex Delles Calls on Union Minister Dr. Jitendra Singh, Proposes Identifying Concrete Areas of Collaboration ...
Luxembourg Minister Mr. Lex Delles and Dr. Jitendra Singh discussed expanding India-Luxembourg cooperation in space, AI, quantum technologies and life sciences.
News Luxembourg » Economy: Luxembourg takes another important step toward strengthening its start-up ecosystem
Luxembourg further strengthens its competitive landscape with the proposal of a new dedicated tax regime for employee stock option plans in young innovative companies. This new draft bill is part of a ...
News Luxembourg » Economy: Media Alert: Redwire to Open New Space Robotics Facility in Luxembourg, Minister of Economy Franz Fayot and U.S. Ambassador Thomas Barrett to Attend Ribbon-Cutting
JACKSONVILLE, Fla.--(BUSINESS WIRE)-- Redwire Corporation (NYSE: RDW), a leader in space infrastructure for the next generation space economy, announced today that it will be hosting a ribbon-cutting ...
News Luxembourg » Economy: Why Luxembourg is Betting on Bitcoin for Long-Term Growth
Luxembourg's Intergenerational Sovereign Wealth Fund (FSIL) will allocate 1% of its portfolio, over €7 million, to Bitcoin and other cryptocurrencies, marking the first public fund investment in ...
News Luxembourg » Economy: Luxembourg: Staff Concluding Statement of the 2024 Article IV Mission
Despite robust consumption growth, the Luxembourgish economy contracted in 2023 due to weak external demand and residential investment. Growth is expected to rebound in 2024, while headline inflation ...
News Luxembourg » Economy: IMF Executive Board Concludes 2024 Article IV Consultation with Luxembourg
Sources: Luxembourg authorities and IMF staff estimates and projections. 1/ Contribution to GDP growth. 2/ Overall economy. 3/ Including a reclassification of investment companies from financial to ...
News Luxembourg » Economy: Belgium-Luxembourg economic mission to Sri Lanka strengthens trade and investment partnerships
Sri Lanka, July 1 -- The Sri Lanka Embassy in Belgium in collaboration with the BELGOLUX-Sri Lanka Business Council (BLSBC) and with the support of several institutional partners in Belgium, ...