ArcelorMittal reports fourth quarter and full year 2023 results.
A recent Eurostat report for 2021 highlights Luxembourg’s prominent position in the EU, with foreign-controlled enterprises contributing a staggering 55.5% to the nation’s economic value added, the highest in the bloc.
Inflation forecast: 2.2% for 2024 and 3.3% for 2025.
Annual inflation dropped slightly to 3.4% in January, Statec says, predicting lower price hikes this year than initially forecast.
After recent stock market records, the question arises: What will happen in the coming months? The economy is not providing a tailwind for the time being, and the fantasy of interest rate cuts seems to have run its course.
Spuerkeess, Banque Internationale à Luxembourg, BGL BNP Paribas, Banque Raiffeisen, POST Luxembourg and ING Luxembourg are joining together to create a broad-based ATM network. The six partners will work hand in hand to guarantee Luxembourg-wide access to self-service banking.
In September 2022, the European Commission announced the Relief Package, a new set of EU-level relief measures for SMEs. One of the measures included in the Relief Package is the revision of Directive 2011/7/EU of February 16, 2011 on late payments, in order to provide businesses with a more modern legal framework that is better
On Wednesday 18 October 2023, the American Chamber of Commerce in Luxembourg (AMCHAM), together with Deloitte and the Luxembourg American Chamber of Commerce (LACC) in New York, held an event dedicated to “Transatlantic Trade and Investment”.
Frieden could lead more pro-business coalition, say chamber heads.
As Luxembourg was digesting the results of Sunday’s election and waiting to discover which political parties will form the next government, leaders of the country’s international business chambers were also taking stock.
On the evening of Wednesday 20 September 2023, the American Chamber of Commerce in Luxembourg (AMCHAM) teamed up with Amazon in Luxembourg-Kirchberg to host an English-language elections-related event with a focus on finance and the economy.
Luxembourg was the first European country and first AAA-rated country worldwide to launch its sustainability bond framework (the “Framework”), on September 2, 2020. On September 7, 2023, the Luxembourg State Treasury published the third sustainability bond report, as foreseen by the Framework.
The Ministry of the Economy, the Luxembourg National Research Fund (FNR), and Luxinnovation have issued a Second Joint Call for HPC projects.