Archive
Every section, ordered by publication date. 293 stories in the archive.
The World Bank has extended its Climate Change Action Plan but scrapped its explicit climate-finance targets, retiring the goal of directing 45% of annual financing to climate projects after sustained pressure from the Trump administration and over the objections of European and developing-country shareholders.
Luxembourg's district court on 1 July ratified a plea agreement requiring Cargolux to pay roughly €1.15 million in fines and confiscation over influence peddling linked to its activities in Gabon from 2010 to 2015. The case, which Cargolux self-reported in 2015, targets only the company, not individuals. It lands months after the EU's top court upheld a separate €79.9 million cartel fine against Europe's largest all-cargo airline.
The ECB has fined Banque Internationale à Luxembourg €3.255 million for failing to apply approved internal models, causing the bank to overstate its capital for three consecutive quarters between 2023 and 2024.
Germany's governing coalition agreed a 34-measure reform package on 2 July, combining €10 billion in annual income tax cuts with a pension overhaul, stricter sick-leave rules and less red tape — a breakthrough after months of internal deadlock.
An Ebola epidemic caused by the rare Bundibugyo strain has killed more than 400 people in the Democratic Republic of the Congo, where armed conflict in Ituri and the Kivus is undermining efforts to stop the virus.
As a heatwave drove Luxembourg's rivers to critical oxygen levels, EU data and LIST research underline a stark reality: almost none of the country's waterways meet the 'good' ecological status the EU requires by 2027.
The EU abolished its €150 de-minimis customs exemption on 1 July 2026, imposing an interim €3 duty on each distinct item in low-value parcels from outside the bloc. The charge falls on sellers and platforms registered in the EU's import one-stop shop, which covers 93% of e-commerce flows, so shoppers in Luxembourg should mostly see it folded into checkout prices rather than collected at the door. The measure runs until July 2028, when normal tariffs will apply to all goods regardless of value.
German defence-AI and drone maker Helsing is closing in on a roughly $1.2bn funding round at an $18bn valuation, as record venture capital flows into European defence following NATO's 5% spending pledge and the EU's €800bn rearmament drive.
Luxembourg's national railway CFL has laid out its heaviest works calendar in years: nearly 30km of track renewed in 2026, with closures concentrated in every school holiday and replacement buses running on the routes to Thionville, Arlon and Trier. The programme opens a 15-year, €4.7bn infrastructure contract signed in December 2025, cementing Luxembourg's position as Europe's top per-capita rail investor.
Luxembourg's first national risk-perception survey, conducted by Ilres among 1,500 residents, finds almost one in two would not know how to act in a crisis — even as awareness of cyber, flood and weather risks runs high.
Ireland took over the rotating presidency of the Council of the EU on 1 July 2026 and set out its priorities at an event in Luxembourg, framing its six months around competitiveness, values and security while pushing negotiations on the 2028–2034 EU budget and enlargement.
The Myanmar civil war has killed more than 100,000 people since the February 2021 coup, the monitor ACLED says — a grim milestone in what analysts call Asia's deadliest active conflict, even as the junta entrenches its rule.
Spain recorded its second-hottest June since 1961, and public-health monitors attributed more than 1,000 excess deaths to the heat — more than double June 2025. The same heat dome pushed red alerts across Luxembourg.
German prosecutors have filed the first charges over the 2022 Nord Stream sabotage, accusing a Ukrainian former soldier of war crimes. Kyiv says it is too early to respond.
A multibillion-euro dispute over the fortune behind Ray-Ban maker EssilorLuxottica is being decided in Luxembourg, where the Del Vecchio family's Delfin holding is domiciled and a court has been asked to rule on a contested plan to reshape control of the company.
Europe's top court is due to hand down its unappealable judgment on the record €4.125 billion fine imposed on Google for abusing the dominance of Android. The ruling caps a case that began in 2018 and will set the ceiling for classic EU tech-antitrust enforcement as the Digital Markets Act takes over.
Ukraine has asked EU governments to direct €6.6 billion available under the European Peace Facility into military aid within a 'six-to-nine-month window', a request that lands on every member state, Luxembourg included.
Solar power became the single largest source of electricity generated inside Luxembourg in 2025, overtaking wind, according to figures from the regulator ILR. Photovoltaic output rose 74.3% to 627 GWh, but imports still met roughly 72% of national consumption, underlining how far the country remains from its 2030 renewables goals.
The US Supreme Court struck down President Donald Trump's executive order ending automatic citizenship for many US-born children, ruling 6-3 that the 14th Amendment guarantees birthright citizenship.
Luxembourg's state-backed housing developers sharply increased the number of homes they were building in 2025, the clearest sign yet that a construction slump triggered in 2022 may be easing. The Fonds du logement more than doubled its dwellings under construction to 1,227, and the SNHBM launched a record 473 affordable homes. But STATEC's latest figures show the private new-build market remains frozen, leaving the recovery lopsided and incomplete.
Indorama Ventures has told staff at its Steinfort tyre-cord factory it will end production and open a collective-redundancy procedure, threatening around 100 jobs in what unions call Luxembourg's largest industrial closure since TDK in 2007.
Cargolux, Luxembourg's flag cargo carrier, has agreed to pay about €1.15 million after a Luxembourg court ratified a negotiated settlement over influence-peddling linked to its operations in Gabon between 2010 and 2015. The case, which the airline voluntarily disclosed in 2015, targets only the company and no individuals — a rare corporate-governance moment for a champion majority-controlled by the Luxembourg state.
ADA, a Luxembourg development-finance NGO, says its microfinance and inclusive-finance partners reached 430,511 economically vulnerable people in 2025 across 47 countries — work largely funded by Luxembourg's cooperation ministry and rooted in the Grand Duchy's outsized role as a hub for microfinance investment.
Publisher Mike Koedinger launched a Luxembourg-based foundation on 25 June, warning that press freedom and democratic debate cannot be taken for granted even in one of the world's highest-ranked countries.