Floods Estimated cost of flood damage doubles to €120 million Insurers have raised their forecast for the total bill after receiving 6,000 reports of damage to property by Julie EDDE 2 min. 23.07.2021
carbon Luxembourg hones in on carbon targets Applies to energy, manufacturing, construction, transport, buildings, agriculture, forestry and waste by Julie EDDE 22.07.2021
research Covid draws donors to Luxembourg University Around 19% of donations went to fighting the pandemic by Julie EDDE 20.07.2021
floods Too much rain too fast was fruitless for reserves Torrential rains last week will do little to replenish underground aquifers because plants hold onto water by Julie EDDE 19.07.2021
COVID LuxFLAG manager Sachin Vankalas dies of Covid-19 Sachin Vankalas died at the age of 38 by Julie EDDE 16.07.2021
tax Taxman can chase lawyers linked to Panama Papers, court says The tax authorities can investigate lawyers and their clients according to seven court decisions by Julie EDDE 16.07.2021
politics MEPs grill EIB’s Hoyer on conflicts of interests MEPs questioned European Investment Bank president on his governance by Julie EDDE 3 min. 06.07.2021
Money laundering Virus further delays finance crime watchdog visit to next year FATF plans to come by autumn, postponed to next year by Julie EDDE 3 min. 02.07.2021
Money EU's money laundering defences are weak, watchdog says ECA criticises Commission, European Banking Authority and European Central Bank by Julie EDDE 2 min. 28.06.2021
Policing Lockdown led to rise in domestic violence cases, police say Officers in Luxembourg were called to 943 cases last year, an increase of 11%, as people were forced to stay at home due to the pandemic by Julie EDDE 04.06.2021
Economy Luxembourg's high salaries offset by living costs Although the country boasts the highest average annual salary in Europe, spending power is reduced when the cost of living is factored in by Julie EDDE 2 min. 03.06.2021
business Luxembourg construction bottlenecks sideline workers Government gives builders help for workers unneeded since materials aren't arriving on job sites by Julie EDDE 02.06.2021
tax EU agrees deal to force multinationals to show profits and tax Country by country reporting to help crack down on tax avoidance by Julie EDDE 2 min. 02.06.2021
Retail German retailer buys Luxembourg department store Bram Outlet in Betrange acquired by Breuninger, in its first expansion outside of Germany by Julie EDDE 31.05.2021
Green Measuring carbon footprint alongside profits Measuring greenhouse gas emissions is the only way for companies to truly understand how they contribute to climate change. by Julie EDDE 2 min. 18.05.2021
biodiversity Bringing rivers, forests and bees on the balance sheet A new discipline of accounting and economics promises to bring nature to boardroom level considerations by Julie EDDE 7 min. 18.05.2021
people François Pauly named CEO of Rothschild private bank Pauly also is the chairman of media company Saint-Paul Luxembourg by Julie EDDE 18.05.2021
accountability Parliament: EIB must step up money laundering fight Annual report also chides EIB for revolving doors for senior staff, lack of women in management by Julie EDDE 2 min. 17.05.2021
money laundering Lawyers policing each other ahead of FATF visit Bar association committee holds on-site visits twice a week, bar can then issue fines by Julie EDDE 5 min. 03.05.2021
justice Public bodies act arbitrarily too often, says ombudsman Ombudsman remediated 87% of the 975 cases it received by Julie EDDE 20.04.2021
