Luxembourgh Times

What the LuxTimes is busy with this week

For the news-hungry, a sneak peek of what we'll be covering in the next days

Source: LT staff

It's the start of another week and the Luxembourg Times newsroom is gearing up for a mix of events, interviews and developments happening across the country and the EU.

Here's a selection of what we'll be looking at this week:

The week will kick off with the finance committee in parliament taking the next steps towards the transposition of the European Union DAC 6 directive, which increases reporting duties on tax arrangements. The EU rules need to be implemented by mid-2020.

Also on Monday, Housing Minister Henry Knox is signing an agreement with organisations supporting the affordable housing scheme on Monday. He will also renew his appeal to owners of empty dwellings to rent them out.

Kox has been reiterating that increasing the number of available social housing units is his priority. Social housing makes up less than 2% of dwellings in Luxembourg, while in France and Belgium governments support between 15 and 20% of real estate.

Later on Monday, Luxembourg’s European Parliament Commissioner Nicolas Schmit will yet again visit the country, this time to discuss the European Social Fund. With an annual budget of €10 billion, the ESF is Europe’s main tool for supporting job creation and fairer job opportunities.

Finance minister Pierre Gramegna on Thursday will answer MPs' questions over real estate investment funds in Luxembourg. Left-wing opposition party déi Lénk last year had filed a motion demanding the government to supply a list of investment funds active in this domain in the country.

Also on Thursday, Luxembourg hosts a matchmaking conference for logistics and mobility start-ups, organised by the Ministry of Mobility and Public works, the Cluster for Logistics and the German company CorpPearls. A group of nine start-ups will get their chance to pitch to potential partners, industry experts and investors.

On the same day, the Luxembourg Microfinance and Development Fund celebrates its 10th anniversary. The Fund facilitates access to responsible finance by building sustainable links between investors, microfinance institutions and ultimate beneficiaries.

Friday is when the RTL Group will publish its annual results for 2019. Based in the Grand Duchy, Europe’s largest broadcaster runs 68 television channels and 30 radio stations. Kirchberg-based RTL Group's majority owner is German media giant Bertelsmann. The company is listed on the Frankfurt and Luxembourg stock exchanges.

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