Tuesday, June 2, 2015

Monthly E-Newsletter - May 2015


May 2015
Monthly E-newsletter







 

News

 


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Luxembourg ranked most competitive economy in the EU
 
Luxembourg is ranked as the most competitive country in the EU, according to the latest IMD annual world competitiveness ranking, which rates the ease of conducting business in various countries worldwide.





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ICT Spring: Luxembourg as a key Fintech hub
 
During ICT Spring 2015, an international industry conference in Luxembourg bringing together key decision-makers in ICT from around the world, Luxembourg for Finance partnered with Swift's Innotribe to stage a session on Fintech developments.


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New fund for investments in innovative businesses
 
Luxembourg’s public-law banking institution (SNCI) and the European Investment Fund (EIF) have set up the Luxembourg Future Fund, aimed at stimulating the diversification of the Luxembourg economy by attracting early to late stage innovative businesses to Luxembourg.





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Luxembourg featured in Kazakhstan
 
Luxembourg Prime Minister Xavier Bettel gave a key-note address at the 8th Astana Economic Forum, upon invitation by Kazakhstan’s President Nursultan Nazarbayev, who opened the Forum.


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Commission raises Luxembourg growth forecast
 
The European Commission has raised its GDP growth forecast for Luxembourg to 3.4% this year and 3.5% in 2016, led by expansion in private consumption and net exports.





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Luxembourg delegation promotes financial centre in Stockholm
 
Luxembourg Finance Minister, Pierre Gramegna, was in Stockholm leading an important delegation of high-level financial representatives from the Luxembourg financial centre.


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The Fondation de Luxembourg passed the EUR 100 million mark
 
The Fondation de Luxembourg has had another exceptional year in terms of its philanthropic activities with the creation of ten new foundations, bringing the current number of foundations under its aegis to 55.




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