Politics & Institutions

The two companies that will succeed LuxairCargo in running the ground handling cargo business at Luxembourg’s Findel airport are a Cargolux subsidiary called Luxcargo Handling and a Greek company called Goldair Handling. Photo: Shutterstock
POLITICS

Luxair to exit Findel cargo handling business as new contracts issued

The minister for mobility and public works, Yuriko Backes, has awarded two cargo ground handling licences for Findel airport. Luxair can now officially sell its cargo handling business to Luxcargo Handling, a unit of Cargolux, and the Greek company Goldair Handling.

Maëlle Hamma • 08:09
According to the European Court of Justice, the European Commission and the EU General Court erred in their analysis of a long-running corporate tax case, meaning the French utility group Engie will not have to reimburse €120m in taxes to Luxembourg. Photo: Shutterstock
JUSTICE

Engie wins €120 million Luxembourg tax appeal at EU top court

Maëlle Hamma • 05.12.2023
At its enlarged committee conference, the civil servants’ trade union CGFP presented its demands to the new government. Library picture: Nader Ghavami (archives)
POLITICS

CGFP union wants end to civil servant evaluations

Marc Fassone • 05.12.2023
The Luxembourg National Data Service offers data-related services, with the “guarantee” of the state, to reassure market players. It was officially inaugurated at the European Convention Center on 4 December 2023. Photo: LNDS/Linkedin
POLITICS

Luxembourg’s future trusted data partner

Thierry Labro • 05.12.2023
The tax take from cigarettes and tobacco products represents a large proportion of Luxembourg’s overall tax revenue, a far higher share than in Belgium, France, Germany and high-tobacco tax Ireland. Photo: Shutterstock
ECONOMY

Tobacco tax revenues exceed 1% of Luxembourg GDP

Kangkan Halder • 05.12.2023
The Fédération des industries du Luxembourg (Fedil) has delivered a very detailed analysis of the coalition programme and added their own recommendations. Photo: Guy Wolff/Archives
POLITICS

Housing and simplification: two key areas with “no room for error”

Maëlle Hamma • 04.12.2023
The deficit for the 2023 financial year reached €706 million, as of 30 September 2023. Photos: Shutterstock
POLITICS

State deficit stands at €706m as of 30 September 2023

Marc Fassone • 01.12.2023
“Rivers and birds” was one of the possible themes chosen by the governing council of the European Central Bank for future euro banknotes, the ECB announced on 30 November 2023. Pictured is the goldcrest (Regulus regulus), the smallest bird in Europe. Photo: Shutterstock
MONEY

“Rivers and birds” and “European culture” possible themes for next euro banknotes

Lydia Linna • 01.12.2023
Gilles Roth, the finance minister (CSV), pictured here during Luc Frieden’s government statement to parliament, released details of the government’s promised adjustment of income tax brackets to match indexation on 30 November 2023. Library picture: Romain Gamba/Maison Moderne
POLITICS

Tax bracket changes: from €448 to €2,189 in gains for taxpayers

Marc Fassone • 30.11.2023
The central bank of Luxembourg released the results of its consumer confidence survey on Wednesday, revealing a slight increase in overall consumer confidence in November 2023. Photo: Caroline Martin / Maison Moderne
ECONOMY

Luxembourg households hesitant on big buys: consumer survey

Kangkan Halder • 30.11.2023
Top
  1. 1
    Banks
    EIB announces €25m investment in Ukrainian SMEs through EU for Ukraine Fund
  2. 2
    Funds
    “We see clear opportunities for female investors”
  3. 3
    Funds
    “The risk appetite of many asset managers will need to be adjusted”
  4. 4
    Services & Advisory
    Deloitte Luxembourg reports 14% increase in gross revenues
  5. 5
    Funds
    Asset management CEOs look back on 2023 and ahead to 2024

In Pictures

More in pictures
More in pictures

Selection by Paperjam+Delano Business Guide

SEE ALL
SEE ALL
The Comité de conjoncture met on 28 November 2023 under the chairmanship of Lex Delles (DP), minister for the economy, SMEs, energy and tourism, and Georges Mischo (CSV), the labour minister. Photo: SIP
ECONOMY

Slight increase in companies applying for partial unemployment

Léna Fernandes • 30.11.2023
Claude Meisch has no doubt that he will be able to combine his duties as minister for education with those of minister for housing. Photo: Guy Wolff/Maison Moderne
POLITICS

Claude Meisch: “Helping children is this government’s ambition”

Marc Fassone • 30.11.2023
“Euro area activity has stagnated in recent quarters and is likely to remain weak for the rest of the year,” stated Christine Lagarde, president of the European Central Bank, in her opening remarkrs at the European parliament on 27 November 2023. Lagarde is seen here during an ECB’s press conference, 14 September 2023. Photo: European Central Bank
BANKS

Euro area economic “activity has stagnated”: Christine Lagarde

Kangkan Halder • 29.11.2023
Serge Weyland will lead the Association of the Luxembourg Fund Industry starting in the new year. Library photo: Matic Zorman
FUNDS

Serge Weyland tapped as new Alfi director general

Aaron Grunwald • 28.11.2023
“Demand for loans is cooling exceptionally quickly and loan losses are starting to rise, albeit from low levels. The ongoing correction in real estate markets--both commercial and residential--may compound these dynamics,” said Luis de Guindos, vice president of the European Central Bank, in the introductory remarks of the semi-annual flagship financial stability review, published in November. De Guindos is seen here during an ECB’s press conference, 14 September 2023. Photo: European Central Bank
MARKETS

€6bn in euro area commercial real estate bonds downgraded, €10bn at risk: ECB

Kangkan Halder • 28.11.2023
More Politics & Institutions