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Luxembourg Economy News. Service for global professionals. Constantly updated news and information about Luxembourg.
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Latest Luxembourg Economy News

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  • First estimates for 2009 -EU27 real agricultural income per worker down by 12.2% 18 Dec 2009 10:35 GMT
    ... of the special features of the agricultural economy). The real income of factors in agriculture, ... the implicit deflators in Gross Domestic Product (GDP). The deflators for 2009 are provisional. In ... Denmark, Germany, Ireland, Greece, Spain, France, Italy, Luxembourg, the Netherlands, Austria, Portugal, Finland, Sweden and ...

  • Baosteel to overtake Nippon Steel as No. 2 steelmaker in 2009 18 Dec 2009 02:53 GMT
    ... Nippon Steel in the past. ArcelorMittal of Luxembourg is the world's biggest steel company. Measured ... to overtake Japan as the world's second-largest economy next year. A rise of competitiveness in Chinese ...

  • House approves Iran oil sanctions 18 Dec 2009 06:35 GMT
    ... have a severe impact on the Iranian economy, thereby forcing the regime to make a choice: ... awarded against Hezbollah, an Iranian terror proxy. Luxembourg’s Clearstream Banking S.A. holds the Citibank account. ...

  • City exodus: are the bankers right? 18 Dec 2009 10:24 GMT
    ... banks to leave London entirely for Britain's economy and public finances to be seriously damaged. Rather, ... as easily do their jobs in Switzerland, Luxembourg or Hong Kong. Banks and financial firms ...

  • Turkey ranks 31st in Europe in per capita GDP 17 Dec 2009 01:15 GMT
    ... Comparison Program (ECP). According to the report, Luxembourg is by far the richest country in ... Europe, with both the highest per capita GDP and per capita AIC, totaling 276 and ... 31st across Europe. According to the data, Luxemburg’s 276 units of per capita GDP is ...

  • THE DISTILLERY: Double dips 17 Dec 2009 01:05 GMT
    ... before NAB dropped its today, tax and GDP were the dominant themes. has two comments ... describes the chain of transactions through Holland, Luxembourg and the Cayman Islands. He concludes “the ... is needed. On our second topic, the economy, there is universal agreement that yesterdays dud ...

  • Skanska Sells Major Office Complex in Warsaw, Poland 17 Dec 2009 14:31 GMT
    ... office complex in Warsaw, Poland to the Luxembourg based closed-end real estate fund Investec GLL ... macroeconomic dynamics are healthy and the national economy continues to expand." He explained that Poland ... EU27 in 2009 with over 1.0 percent GDP growth, and with 2.0 percent GDP growth ...

  • The Earth Has a Fever 17 Dec 2009 15:51 GMT
    ... Worldwide 136 cities of millions at the coasts are ... study on “Green Capitalism” for the Rosa Luxemburg foundation (RLS 2009). “No ecological economy is possible without growth satisfaction,” Wolfgang Sachs ...

  • Standard Life Investments offers SICAV funds to Spanish investors 17 Dec 2009 14:04 GMT
    ... in Spain for 10 funds from its Luxembourg-domiciled Societe d'Investissement a Capital Variable fund range. ... also bring expertise in euro and global inflation-linked bond funds to the Spanish market at ...

  • DIARY - Belgium to end Feb 2010 17 Dec 2009 05:22 GMT
    ... 22JAN 1400/1500 Leading indicator Jan 17FEB 1400/1500 GDP flash Q4 19FEB 1400/1500 Consumer confidence Feb 23FEB 1400/1500 ... ( ) Q3 turnover WEDNESDAY, FEBRUARY 10 LUXEMBOURG - ArcelorMittal ( THURSDAY, FEBRUARY 11 BRUSSELS ...

  • Sweden leads the way on climate funding 17 Dec 2009 05:34 GMT
    ... to 125 per cent of the country’s GDP, and the budget deficit is also expected ... country would be able to keep its economy on the rails. Greece uses the euro, ... has already sent ripples through currency markets. Luxembourg’s Prime Minister Jean-Claude Juncker, chair of the ...

  • For investors, that was easy. Now comes 2010 17 Dec 2009 09:41 GMT
    ... comes from the state of the global economy, which although improving, is both uneven and ... to keep it. Wealth manager Banque de Luxembourg has a similar slant, seeing defensives such ... on Wednesday unveiled a euro zone government inflation-linked bond fund but constructed its benchmark to ...

  • For investors, 2009 was easy. Now comes 2010 17 Dec 2009 14:14 GMT
    ... comes from the state of the global economy, which although improving, is both uneven and ... to keep it. Wealth manager Banque de Luxembourg has a similar slant, seeing defensives such ... on Wednesday unveiled a euro zone government inflation-linked bond fund but constructed its benchmark to ...

  • For investors, 2009 was easy 17 Dec 2009 15:56 GMT
    ... comes from the state of the global economy, which although improving, is both uneven and ... to keep it. Wealth manager Banque de Luxembourg has a similar slant, seeing defensives such ... on Wednesday unveiled a euro zone government inflation-linked bond fund but constructed its benchmark to ...

  • Strikes across Europe 17 Dec 2009 20:59 GMT
    ... rail industry has cost around 1mn jobs,” Luxembourg-based Greivelding said. “We want Europe’s political leaders ... a strike yesterday in defence of an inflation-busting wage rise that a dozen EU countries ...


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