IFC, a member of the World Bank Group, and Luxembourg signed an agreement Tuesday that will support the creation of new markets for climate finance in emerging economies—by developing green-bond policies, training bankers and executives, and helping countries adopt the Green Bond Principles and other best practices.
IFC, a member of the World Bank Group, and the Grand Duchy of Luxembourg announced a new partnership program to support economic growth and development in emerging markets.
The Luxembourg government has decided to appeal the European Commission’s decision in the Amazon case.
Luxembourg has taken note of the decision by the European Commission in the Amazon case. Luxembourg will use appropriate due diligence to analyse the decision and reserves all its rights.
On April 5th, 2017, Pierre Gramegna received his homologue Avdullah Hoti at the Ministry of Finance in Luxembourg.
The Luxembourg government today has decided to appeal the European Commission’s decision in the Fiat case, in order to seek legal clarity and previsibility on the practice of tax rulings.
The European Commission announced today that it has adopted a decision to open an investigation into possible fiscal State aid by Luxembourg to McDonald's. The adoption of the opening decision is a procedural step that does not pre-judge the outcome of the investigation.
Luxembourg will use appropriate due diligence to analyse the decision of the Commission as well as its legal rationale.
An International Monetary Fund (IMF) mission visited Luxembourg during March 4–17 for the 2015 Article IV consultation discussions, part of the IMF’s regular surveillance of all member countries.
On the 7th October 2014, the Commission adopted a decision opening a State aid procedure against the Grand Duchy of Luxembourg in the Amazon case.
L'article IV des statuts du Fonds monétaire international (FMI) stipule que le Fonds "exerce une ferme surveillance sur les politiques de change des États membres et adopte des principes spécifiques pour guider les États membres en ce qui concerne ces politiques".
Since the summer of 2013, Luxembourg has had a continued and extensive exchange with the European Commission regarding the Commission’s request for information on Luxembourg’s intellectual property regime as well on its advanced tax decisions which give individual companies the comfort of advanced knowledge of their tax burden.
The Luxembourg economy is rebounding, the fiscal position remains sound, and the large financial sector has been resilient.