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"Increasing the supply of housing!": Reform of the land tax and the mobilisation of land and housing
Two days after its adoption by the Government, Minister for Home Affairs, Taina Bofferding, Minister for Housing, Henri Kox, and Minister of Finance, Yuriko Backes, today presented the bill on the land tax, land mobilisation tax and housing tax, as well as the bill on the national register of buildings and dwellings.
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New school for refugees opens in Kirchberg
On 26 September, Luxembourg's Minister of Finance Yuriko Backes, Minister of Education, Children and Youth Claude Meisch and EIB President Werner Hoyer inaugurated a new school for migrant children in an EIB building in Kirchberg.
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World Bank and Luxembourg Mark 75 Years of Shared History - From World Bank Founding Member and Borrower to Key Development Partner
Seventy-five years ago today, the newly established International Bank for Reconstruction and Development (IBRD), now known as the World Bank, made its first and only loan to Luxembourg. The loan was IBRD's fourth loan, laying the foundation for Luxembourg's steel industry and playing a key role in supporting the country's economic recovery in the aftermath of World War II.
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The Grand Duchy of Luxembourg and the Global Green Growth Institute (GGGI) sign an Agreement for the establishment of a GGGI office in Luxembourg
Jean Asselborn, Minister of Foreign and European Affairs, signed today with Frank Rijsberman, Director-General at the Global Green Growth Institute (GGGI), an Agreement that will provide GGGI with the necessary legal and institutional status to allow it to establish an office in Luxembourg.
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Luxembourg Ministry of Finance appoints Schroders and BlueOrchard to accelerate climate action with a landmark partnership
Schroders, BlueOrchard Finance Ltd (part of the Schroders Group), and the Luxembourg Ministry of Finance are launching an impact strategy with the goal of contributing to the transition to carbon-neutral and resilient economies and achieving sustainable growth in emerging markets.
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Yuriko Backes in London to strengthen economic ties with the United Kingdom
Minister of Finance Yuriko Backes visited London from 7 to 8 June 2022 as part of a financial mission.
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State visit of TT.RR.HH. the Grand Duke and Grand Duchess to the Portuguese Republic
At the invitation of the President of the Portuguese Republic, Marcelo Rebelo de Sousa, TT.RR.HH. the Grand Duke and Grand Duchess visited the Portuguese Republic from 11 to 12 May 2022.
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Xavier Bettel, Yuriko Backes and Franz Fayot presented the 'Solidaritéitspak' measures to the members of the Special Tripartite Committee
Prime Minister Xavier Bettel, Minister of Finance Yuriko Backes and Minister of the Economy Franz Fayot presented the so-called 'Solidaritéitspak' package to the 'Tripartite' Commission of the Chamber of Deputies on Tuesday 19 April 2022.
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University's SnT to build the first testbed for quantum communication infrastructure in Luxembourg
The University of Luxembourg's Interdisciplinary Centre for Security, Reliability and Trust (SnT), in collaboration with the Department of Media, Connectivity and Digital Policy (SMC) of the Ministry of State, today announces the development of the Luxembourg Quantum Communication Infrastructure Laboratory (LUQCIA).
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First meeting between Yuriko Backes and Pascal Saint-Amans of the OECD
On 11 January 2022, Yuriko Backes, newly appointed Minister of Finance, met with Pascal Saint-Amans, Director of the Centre for Tax Policy and Administration of the Organisation for Economic Co-operation and Development (OECD) to discuss the current state-of-play of the international tax reform and next steps in its implementation.
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Luxembourg and Germany extend agreement on telework until 31 March 2022
The agreement on telework concluded with Germany due to the COVID 19 pandemic will remain applicable at least until March 31 2022, the competent authorities from Luxembourg and Germany decided.
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Cibler les produits de contrefaçon et renforcer la protection des consommateurs
Pierre Gramegna, Minister of Finance, and Paulette Lenert, Minister for Consumer Protection, visited the customs offices in Bettembourg on September 30, 2021 as part of a joint working visit.
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First report on Luxembourg Sovereign Sustainability Bond
On 6 September 2021, Luxembourg published the first bond report relating to its pioneering sovereign sustainability bond issued on 7 September 2020, as foreseen by Luxembourg's Sustainability Bond Framework. The document is primarily aimed at international institutional investors and includes the allocation and impact reports.
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Joint report about “Listing State-Owned Enterprises (SOEs) in Emerging and Developing Economies”
Joint report about “Listing State-Owned Enterprises (SOEs) in Emerging and Developing Economies” The report “Listing State-Owned Enterprises (SOEs) in
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Statement by the Luxembourg Government on press articles published about tax rulings and so-called information letters
The Luxembourg Government takes note of the publication of a series of articles in the international press concerning alleged informal tax rulings and so-called 'information letters', and refutes the numerous allegations on tax ruling practices in Luxembourg and more specifically the gratuitous claim that there would be some kind of administrative practice involving so-called 'information letters'