Friday, November 30, 2012

No Greek documents for Bloomberg

Delano.lu | 30 November 2012
Legal: Frankfurt officials do not have to release secret reports on Greece’s economy to a major news organisation, a court in Luxembourg has ruled. Read article »

Thursday, November 29, 2012

Polish links

Delano.lu | 29 November 2012
International networking: A new group to promote economic ties between the Grand Duchy and Poland, the Luxembourg Poland Business Club, held its inaugural event this week. Read article »

The other half

City Magazine | 29 November 2012
Like the ugly duckling, an area once in the shadows -- and often underwater -- has become one of the capitals shining stars. Read article »

Wednesday, November 28, 2012

ESM gets 2nd court OK

Delano.lu | 28 November 2012
Euro zone: Europe’s permanent rescue agency was properly formed and can commence operations, the EU’s top court has ruled. Read article »

Luxembourg less excitable

Delano.lu | 28 November 2012
Society: Residents of the Grand Duchy are less emotional than three-quarters of the world’s population, a major public opinion pollster has found. Read article »

Tuesday, November 27, 2012

Growth to recover in 2014, says OECD

Delano.lu | 27 November 2012
Economy: Luxembourg’s GDP will stagnate this year and next, while unemployment and government debt will continue to rise, and inflation will slow down, according to a rich world economic think-tank. Read article »

Banking delays blasted

Delano.lu | 27 November 2012
Brussels: The new EU banking union should not be slowed down by member state negotiations, the European financial services commissioner has argued in a major newspaper interview, despite what a senior industry figure tells Delano are “huge unresolved problems.” Read article »

Monday, November 26, 2012

Half say racial bias is “widespread”

Delano.lu | 26 November 2012
Society: Luxembourg residents believe there is less discrimination overall in their country than the EU average, and are readier to support political candidates from a minority group, a new study has found. Read article »

Friday, November 23, 2012

Mersch finally confirmed

Delano.lu | 23 November 2012
EU: European ministers named Yves Mersch to the European Central Bank’s executive council after months of political wrangling. Read article »

Thursday, November 22, 2012

Juncker 6th in FT ranking

Delano.lu | 22 November 2012
Economy: A leading financial newspaper has named Luxembourg’s prime minister as the sixth best European finance minister. Read article »

Wednesday, November 21, 2012

EIB critiqued over Greece

Delano.lu | 21 November 2012
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. Read article »

Monday, November 19, 2012

Qatar to quit Cargolux

Delano.lu | 19 November 2012
Aviation: A major shareholder of Europe’s largest cargo air carrier plans to sell its stake after falling out with Luxembourg’s government. Read article »

Friday, November 16, 2012

Grand Duchy 11th in infidelity ranking

Delano.lu | 16 November 2012
Society: High earners in the financial sector are the largest group of Luxembourg residents engaged in extramarital affairs, a website has claimed. Read article »

Thursday, November 15, 2012

Refund corporate tax, says ECJ

Delano.lu | 15 November 2012
Legal: The British government may have to reimburse billions of pounds to UK-based multinationals following a ruling by the EU’s top court, despite the current debate over cross-border corporate taxation. Read article »

Wednesday, November 14, 2012

EU airline rules on hold

Delano.lu | 14 November 2012
Aviation: The European Commission has “stopped the clock” on part of its controversial plan to force foreign airlines to pay for CO2 emissions. Read article »

Tuesday, November 13, 2012

Win Thanksgiving hamper

Delano.lu | 13 November 2012
With Thanksgiving just around the corner--Thursday November 22--many international residents are hankering for some classic American treats. Read article »

Luxembourg 11th in prosperity ranking

Delano.lu | 13 November 2012
Study: The Grand Duchy scored highly for its economy, but got poor marks in education, according to a British think tank’s comparison of wealth and wellbeing worldwide. Read article »

Monday, November 12, 2012

SES growth takes off

Delano.lu | 12 November 2012
Media: The Luxembourg satellite operator that carries signals for British pay TV firm BSkyB, India’s Dish Network and Echostar in the US has posted stellar third quarter results. Read article »

Friday, November 9, 2012

New EU-US trade deal in the works

Delano.lu | 9 November 2012
Economy: Transatlantic trade rules--touching on everything from farming to financial services--are likely to see a major refresh, a European Commissioner has revealed during a speech. Read article »

Dexia to get €5.5 billion more

Delano.lu | 9 November 2012
Finance: The troubled Franco-Belgian banking group has received yet another round of government rescue funding. Read article »

Thursday, November 8, 2012

Deloitte: double digit dip in year-end spending

Delano.lu | 8 November 2012
Economy: Luxembourg residents intend to spend 12% less on the holidays than last year, a major consulting firm and business trade group have said. Read article »

“We go earlier, and we go further up”

Delano | 8 November 2012
The head of the EU’s statistics office talks to Delano about the agency’s new “quality assurance” powers. Read article »

Wednesday, November 7, 2012

Apple e-book deal in December

Delano.lu | 7 November 2012
Media: Apple and four publishing groups will conclude an anti-trust settlement with the EU’s competition authority over alleged e-book price-fixing next month, a major news agency has reported. Read article »

Major steel downgrade

Delano.lu | 7 November 2012
Industry: One of the main credit ratings agencies has moved ArcelorMittal’s debt into “junk bond” territory. Read article »

Tuesday, November 6, 2012

Spain blocks Mersch

Delano.lu | 6 November 2012
EU: Spain has further delayed the nomination of Yves Mersch to the European Central Bank’s executive council. Read article »

Value eats

Delano.lu | 6 November 2012
Dining: Michelin will profile eight Luxembourg restaurants in its guide of more affordable eateries, to be released later this month. Read article »

Monday, November 5, 2012

Steel giant kept mum on hacking

Delano.lu | 5 November 2012
Computer security: Files from the computer of ArcelorMittal’s corporate finance chief computer were stolen by Chinese hackers, a major news agency has reported. Read article »