Luxembourg

EU seizes $130m assets linked to money laundering in Lebanon
Three EU countries seize properties and freeze asset worth $130m linked to embezzlement of public funds in Lebanon.
Published On 28 Mar 2022
Why UK’s network of ‘Treasure Island’ tax havens is in trouble
The United States and its allies are determined to squeeze more taxes out of multinational companies.
Published On 7 Jun 2021
‘Green’ investments must triple by 2030, report urges
Now is the time to galvanise political and business momentum to invest in nature, environmental experts say.
Published On 27 May 2021
Amazon wins $300M EU court battle over back taxes
An EU court annulled a 2017 ruling by the European Commission requiring Amazon to pay $300m in back taxes to Luxembourg.
Published On 12 May 2021

Rapprochement in the Gulf crisis may finally be in sight, but the blockade has changed Qatar’s economy in many ways.

Documents reviewed by Bloomberg News reveal the extent of services the bank provided Crown Prince Mohammed bin Zayed.

Eight countries have signed a pact to govern lunar exploration, including human settlements on the moon’s surface.

Luxembourg will divide the proceeds between green and social projects, a finance ministry official told Reuters.

New EU anti-money laundering rules were approved in May 2018, but Luxembourg is allegedly not yet fully applying them.

ECJ says Oriol Junqueras, who was sentenced to 13 years in jail over independence bid, enjoyed immunity as MEP.

Josep Borrell should restart the debate over recognising Palestine’s statehood, said Luxembourg’s foreign minister.

Divisions threaten to overshadow 70th birthday celebrations of world’s largest military alliance.

Both cases were part of Margrethe Vestager’s crackdown on unlawful tax breaks offered by EU countries to multinationals.

Luxembourg’s PM had met Johnson to discuss Brexit but said the British leader had offered nothing to convince him and other EU leaders.

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