News

The Minister of Finance, Pierre Gramegna, the Chairman of the Board of Governors of the University of Luxembourg, Yves Elsen, and the Rector of the University of Luxembourg, Stéphane Pallage, signed on 11 October 2018, a letter of intent to promote research and training in the field of sustainable finance.

On Thursday, October 4, 2018, the Minister of Finance Pierre Gramegna, the Minister for the Environment Carole Dieschbourg and the Head of the Finance Initiative of the United Nations Environment Programme (UN Environment) Eric Usher presented the new "Luxembourg Sustainable Finance Roadmap" (LSFR) and its recommendations.

Interview with Pierre Gramegna in Beast Magazine

Luxembourg has taken note of the Commission's decision in the McDonald’s case, which confirms the absence of a selective treatment and state aid incompatible with the internal market within the meaning of Article 107 (1) of the Treaty on the Functioning of the European Union.

The Luxembourg Government has decided to appeal the decision of the European Commission in the Engie case. In accordance with the Commission’s decision, Luxembourg will recover the alleged aid, pending the outcome of the legal proceedings.

Luxembourg has taken note of the decision by the European Commission in the ENGIE case, announced on June 20, 2018.

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.