The reference for economic, political and financial news coverage in Luxembourg in English.

2025年1月2日 · A series of measures announced by the finance minister, Gilles Roth (CSV), in July, have come into force in the new year, in an attempt to put an end to a negative spiral in terms of the effectiveness of public measures against poverty.

2024年8月9日 · The Luxembourg District Court (Tribunal d’Arrondissement de Luxembourg) has formally placed Banque Havilland under administration. Laurent Fisch, a Luxembourg lawyer, and EY Strategy and Transactions, a consultancy, were named administrators and have taken charge of Banque Havilland’s assets.

2023年8月11日 · Hays has just revealed its 2023 Salary Guide for Luxembourg. The highest salaries are in IT and finance, where a CIO can earn up to €250,000 per year after eight years. For starting salaries, purchasing managers in the industrial sector make the most. Find out more, by sector and seniority.

2025年1月31日 · Lee Marshall took over as managing director of JTC Luxembourg, the JTC Group’s fund services business in the grand duchy, effective 1 January 2025.

Mortgage rates held steady in May despite a slight drop in volume, with over half of all loans being fixed for 10 years or more, indicating a trend of banks locking-in new loan for longer-term arrangements.

Luxembourg startup Solarcleano, which manufactures robots for cleaning solar panels, officially set up shop in China this week, with the signing of a memorandum of understanding with one of the global giants in the sector, Trina Solar, as part of an economic mission led by the grand duchy’s Xavier Bettel, Lex Delles and Fernand Ernster.

2024年6月25日 · The governor of the Luxembourg Central Bank, Gaston Reinesch, in an exclusive interview with Delano, elaborated on Luxembourg’s journey with DLT, emphasising its transformative potential in streamlining post-trading activities and enhancing market efficiencies.

2024年1月25日 · A latest-generation electric furnace will be installed at ArcelorMittal’s Belval steelworks to replace its Polish and German blast furnaces. Behind the environmental approach is the company’s goal of self-sufficiency in Luxembourg.

The fund management industry is on the brink of a major international expansion, Carne Group said in a survey released on Friday 1 March. There is a near-consensus among fund managers, with 96% of those managing alternative assets, equity and fixed income planning to significantly ramp up their efforts to secure capital in overseas markets by 2024.