News

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.

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.

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.

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.

Joint report about “Listing State-Owned Enterprises (SOEs) in Emerging and Developing Economies” The report “Listing State-Owned Enterprises (SOEs) in

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'

The International Monetary Fund (IMF) praises the Grand Duchy for its handling of the COVID crisis.

Finance Minister Pierre Gramegna personally attended the Eurogroup meeting and the informal Ecofin summit in Lisbon on 21 and 22 May.

Luxembourg welcomes the judgment of the General Court of the European Union in the Amazon EU SARL case, which confirms that the tax treatment of the taxpayer in question under the tax rules applicable at the time does not constitute State aid.

Interview with Pierre Gramegna in Delano

Luxembourg/Kuala Lumpur (5 October 2020) – The Alliance of Financial Inclusion (AFI) has launched its Europe Representative Office (ERO) in the City of Luxembourg, the first office in Europe for the world's leading organization on financial inclusion policy and regulation.

Luxembourg has just successfully issued its first sovereign sustainability bond. Based on the new sustainability bond framework, presented on 2 September 2020, this €1.5 billion bond will contribute to finance and refinance sustainable projects.

Luxembourg becomes the first European country to launch a Sustainability Bond Framework. This innovative framework, which meets the highest market standards, is also the first in the world to fully comply with the new recommendations of the European taxonomy for green financing.

On 25 June 2020, Pierre Gramegna, Minister of Finance of Luxembourg formally submitted his candidacy for the office of the President of the Eurogroup.

Today, the Prime Minister, Minister of State, Xavier Bettel, has made a statement at the Chamber of Deputies about the Government's measures to face COVID-19. This was followed by a statement by the Minister of Health, Paulette Lenert.