December 5, 2023
The choice of a coalition partner will fall upon the conservative party’s CSV, who won 21 seats in the country’s parliament. ADVERTISEMENT The coalition led by Luxembourg’s liberal prime minister Xavier Bettel has lost its majority in parliament during the country’s general election on Sunday – a result that calls for the formation of a
READ MORE
Over recent years, housing crises have become increasingly prevalent across Europe, affecting nations of varying economic health. Portugal, Turkey, and even wealthy Luxembourg are grappling with the common challenge of providing affordable and accessible housing for their citizens. Portugal’s youth homeownership plunge: ADVERTISEMENT In Portugal, the homeownership rate among young people has plummeted by 50%
READ MORE
Luxembourg’s high wages are a powerful magnet for would-be migrants but while the minimum wage exceeds 2,300 euros a month, house prices start at around 10,000 euros per square metre. ADVERTISEMENT The tiny Grand Duchy of Luxembourg is facing a major housing crisis. Protests by residents unable to pay rent or buy a home are
READ MORE
The Council of Europe’s Committee for the Prevention of Torture (CPT) has urged the authorities in the country to stop detaining children in Luxembourg Prison – an adult prison – under dangerous circumstances. The Council of Europe’s Anti-Torture Committee (CPT) has urged Luxembourg authorities to put an end to the detention of children in the
READ MORE
The prime ministers of the Netherlands and Luxembourg on Monday called on Serbia and Kosovo to take action to defuse recent tensions that threaten to lead the Balkan region into instability as Europe faces Russian aggression. in Ukraine. Dutch Prime Minister Mark Rutte and Luxembourg Prime Minister Xavier Bettel spoke after meeting with Serbian President
READ MORE
Amazon do not have to pay 250 million euros ($268 million) in back taxes. Luxembourg in line with an order from EU competition authorities, a councilor at Europe’s highest court said on Thursday, citing errors in the assessment of the EU regulator. European Commission a 2017 ruling said that Amazon is tax-free on nearly three-quarters
READ MORE
Harmonized inflation in October remained stable at 8.8% in September. This was primarily due to rising prices for food and non-alcoholic beverages. Average annual harmonized inflation rose to 8.0% in October (September: 7.7%). Meanwhile, consumer price inflation was stable, hitting 6.9% in September in October. Finally, harmonized consumer prices rose 1.22% mom in October, accelerating
READ MORE