News Luxembourg Savings: Kallas launches probe into Luxembourg savings co-op
Both acting and retired officials of the Commission help run AMFIE, a financial institution for civil servants with international bodies based in Europe. Siim Kallas, the commissioner for ...
News Luxembourg Savings: Bettel- Luxembourg won't block expansion of EU savings directive
Luxembourg Prime Minister Xavier Bettel said at a news conference in Berlin with Chancellor Angela Merkel on Thursday that his country would not block the expansion of the European Union savings directive in the long term. Bettel said Luxembourg does not want to hold up an EU agreement on expanding the EU directive that would strengthen rules on how income on savings held in bank accounts is taxed until other separate agreements with other non-EU countries, such as Switzerland, have been reached. Merkel immediately welcomed the announcement, saying she was pleased that Luxembourg does not want to use Switzerland as an excuse to prevent the expansion of the EU savings directive.
News Luxembourg Savings: Why electricity prices are not rising in Luxembourg
In Luxembourg, the price of electricity has not risen, unlike the price of gas. There are many reasons for this, but the reduction in the fee to finance renewable energy has done much to protect the ...
