Luxembourgh Times
Top stories

Five stories you may have missed

In case you missed them the Luxembourg Times has selected five of the best stories from the past week

Source: LT staff
Criminal court, Luxembourg Photo: Marc Wilwert

Criminal court, Luxembourg Photo: Marc Wilwert

Fraud case focuses on details of 2013 suicide at EIB

The circumstances surrounding the suicide of an intern in the headquarters of the European Investment Bank (EIB) took centre stage in a Luxembourg court on Wednesday.

Details of Ofelia Beke's death emerged for the first time in a fraud trial the bank has launched against a former manager who claimed damages after he saw the 23-year old jump to her death from a ninth-floor gallery at the building in November 2013.

Pompeo cancels visit over Asselborn Capitol attack remarks

The US's top diplomat, Secretary of State Mike Pompeo, cancelled a planned visit to Luxembourg on Wednesday, following comments made by the Grand Duchy's Foreign Minister Jean Asselborn.

Asselborn had called US president Donald Trump a "criminal" and a "political pyromaniac" after violent clashes when pro-Trump supporters stormed the US Capitol building on January 6.

On-line, mobile? Luxembourg banks taking it slow

Luxembourg's banks have been urged to speed up their digitalisation efforts and improve their online offering for customers.

Local banks have adopted digital methods but lag far behind their rivals elsewhere in online apps and services, according to two separate surveys.

Luxembourg drops order for more vaccine from BioNTech/Pfizer

Luxembourg abandoned plans to place its own order for more coronavirus vaccines from pharmaceutical companies BioNTech and Pfizer.

The Health Ministry confirmed the order was being withdrawn after the European Commission announced it had struck a deal with the firms to purchase another 300 million doses.

Taxpayers still at risk if EU banks were to fail, warns watchdog

The European Court of Auditors, the EU's budget watchdog, warned that the process for winding down failing banks in Europe is still lacking “key elements” and requires steps in "crucial areas".

The ECA's report was critical of shortcomings at the Single Resolution Mechanism (SRM), launched in 2015 after the eurozone financial crisis, when several EU countries racked up huge debts as a result of taxpayer bailouts to prevent banks from toppling.

The Luxembourg Times has a brand-new LinkedIn page, follow us here! Get the Luxembourg Times delivered to your inbox twice a day. Sign up for your free newsletters here.