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Business  Published 03.12.2012

Rescue fund downgraded

Sovereign debt: One of the three main global rating agencies has cut the top-notch credit score of Luxembourg’s two euro zone ba... arrow

	
	
Current affairs  Published 21.11.2012

EIB critiqued over Greece

Euro zone: The EU’s Luxembourg-based economic development bank has been accused by Brussels of “dragging its feet” on dispersing funds meant to help revive the Greek economy. About €2 bill... arrow

	
	
Business  Published 10.10.2012

Euro fund launches

Economy: Europe’s permanent bailout fund officially got off the ground during a summit in Luxembourg this week. The European Stability Mechanism formally launched and held its inaugural board meeti... arrow

	
	
Business  Published 26.09.2012

Luxembourg, EIB keep top grade

Finance: The Grand Duchy and the EU’s Kirchberg-based economic development bank have retained AAA ... arrow

	
	
Business  Published 04.09.2012

Fitch: more flagship funds

Finance: One of the world’s main credit ratings agencies has critiqued the lack of large-scale cross-border European funds. “Fitch Ratings believes that having large, well-established funds i... arrow

	
	
Business  Published 21.08.2012

EIB still AAA for Moody’s

Euro zone: One of the major global credit agencies confirmed its top-notch rating on the Kirchberg-based European Investment Bank on Monday. Moody’s Investors Service said it had completed its ... arrow

	
	
Business  Published 19.07.2012

Fitch lowers BIL but affirms BGL

Finance: One of the major credit ratings agencies has downgraded Banque Internationale à Luxembourg... arrow

	
	
Business  Published 13.06.2012

Fitch eyes EIB

Sovereign debt: One of the main credit ratings agencies has said it could downgrade the Kirchberg-based European Investment Bank, due to its heavy exposure to Greece, while the bank has launched a new... arrow

	
	
Business  Published 24.02.2012

Fitch maintains rating after bank loss

Finance: Despite losing more than 11 billion euro and most of its stock market value last year, Dexi... arrow

	
	
Business  Published 14.02.2012

New AAA threat

Sovereign debt: Credit ratings agency Moody’s placed three top-notch rated countries on negative outlook, and also downgraded the sovereign debt of six other euro zone countries late Monday night. ... arrow