Archive
Every section, ordered by publication date. 293 stories in the archive.
The European Stability Mechanism, the eurozone's €500 billion crisis backstop based in Luxembourg, has not lent to a country since Greece in 2018. Its managing director, Pierre Gramegna, is now floating new missions — including defence credit lines — even as a treaty reform to give the fund a banking-union role remains blocked by Italy.
Google and Amazon both reported rising carbon emissions for 2025 as electricity demand from AI data centres outstripped the growth of clean power, straining their net-zero pledges.
Germany head coach Julian Nagelsmann has resigned following his side's shock last-32 exit at the 2026 World Cup, and the German Football Association says it will seek to appoint Jürgen Klopp as his successor.
As a Paris court prepares to rule on Marine Le Pen's appeal on 7 July, her protégé Jordan Bardella has overtaken her in the polls and is positioned to carry France's far right into the 2027 presidential race.
As Ireland takes the EU chair, finance minister Simon Harris is pressing for a deal by October on centralising financial supervision under ESMA — a drive Luxembourg's fund industry has long resisted, while a parallel tobacco-tax fight leaves the Grand Duchy on firmer ground.
Tesla delivered a record 480,126 vehicles in the second quarter of 2026, up about 25% and well above forecasts, as a rebound in Europe eased fears of a third straight annual sales decline.
Cargolux has agreed to pay about €1.15 million to settle a Luxembourg influence-peddling case tied to its former activities in Gabon, in a rare corruption-linked judgment against one of the country's strategic national champions.
Forensic researchers at the Citizen Lab say former MEP Stelios Kouloglou, who sat on the European Parliament's PEGA committee investigating commercial spyware, was hacked with NSO Group's Pegasus at least twice in 2022 and 2023. No government has been named, but the case has reignited the Parliament's long-running fight over mercenary surveillance and rule-of-law safeguards across the EU.
Lithuania's leaders have agreed to remove a constitutional ban on nuclear weapons as the country presses to join NATO's nuclear-deterrence posture against Russia, hardening a debate that reaches across the EU.
POST Luxembourg is winding down the country's copper fixed-line telephone network ahead of a definitive switch-off around 2030. Only 15,500 analogue copper connections were left at the end of 2025, and the regulator is urging customers to migrate to fibre and check every device — from alarms to lift phones and telecare pendants — that still dials out over the old line.
SES's first Boeing-built O3b mPower satellites failed in orbit. Now insurers are resisting a claim of up to $472 million, exposing the financial risk behind Luxembourg's space ambitions.
KNDS, Europe's biggest land-defence group, has postponed its planned Frankfurt and Paris listing, blaming a slump in defence shares. Its €33.1bn order backlog — which includes the Jaguar and Griffon vehicles bound for the Luxembourg army — is unaffected.
Luxembourg's finance minister Gilles Roth met UK chancellor Rachel Reeves in London on a two-day financial mission, discussing cross-border investment and closer cooperation between the two financial centres — a relationship that channels much of the Grand Duchy's €6.6 trillion fund industry.
Niger, Burkina Faso and Mali have deposited formal notifications of withdrawal from the International Criminal Court with the UN Secretary-General, turning their September 2025 announcement into a binding legal process that takes effect in June 2027.
Preliminary mortality data published this week show the late-June heatwave caused 2,025 excess deaths in France and an unprecedented 39% rise in Belgian mortality, with at least 3,700 excess deaths across France, Belgium and the Netherlands combined. Luxembourg recorded its hottest June since measurements began in 1947, including a new 38.2°C June record at Findel, and forecasters warn extreme heat could return to the region in the first half of July.
The European Public Prosecutor's Office, headquartered in Luxembourg, carried out searches in four countries in its investigation into some €4.3 million in allegedly irregular spending by the far-right Identity and Democracy group between 2019 and 2024.
Luxembourg's latest forest surveys find only about one in five trees undamaged, with beech and spruce worst hit and the national woodland now emitting more carbon than it stores.
Belgium is digitising and sharing its colonial-era Congo archives, including 500 metres of geological records at the AfricaMuseum, just as the EU, US and China compete for the DRC's cobalt and copper.
BlackFin Capital Partners has completed its acquisition of a majority stake in Arendt Investor Services, the fund-services arm of Luxembourg's largest law firm, after approval by the CSSF. The deal, reported at close to $500 million, signals how far private equity's consolidation of Luxembourg's fund-services industry now reaches.
The United States and Iran concluded two days of indirect, Qatari- and Pakistani-mediated talks in Doha on 2 July without resolving control of the Strait of Hormuz, the chokepoint for about a quarter of seaborne oil. The round focused on maritime traffic and unfreezing Iranian funds under June's Islamabad Memorandum. Oil fell to four-month lows, and the next round awaits the six-day funeral of Ayatollah Ali Khamenei, as his son and successor Mojtaba Khamenei consolidates power.
Luxembourg's Special Fund for Affordable Housing spent €474 million in 2025, up from €224 million in 2024, its annual report shows. The pipeline reached 5,348 subsidised homes, but critics note delivery still lags a waiting list that has almost doubled since 2021.
Iran began six days of funeral ceremonies for Ali Khamenei on 3 July, four months after the supreme leader was assassinated in the opening hours of the US–Israeli war. Officials expect crowds in the tens of millions before his burial in Mashhad on 9 July, while his son and successor Mojtaba Khamenei — chosen by the Assembly of Experts in March — has yet to appear in public. US–Iran talks in Doha are paused for the funeral, and oil prices have fallen back to near pre-war levels.
Luxembourg attracts highly qualified international workers but loses half of them within five years, with housing costs cited by 66% of newcomers as the top reason to leave, according to the LUXTALENT study. The government is responding with record affordable-housing investment, though most effects lie years away.
The Court of Justice of the European Union in Luxembourg on 2 July 2026 dismissed Google and Alphabet's final appeal in the Android antitrust case, confirming a €4.125 billion fine — the largest ever upheld by the EU's highest court. The judgment ends a saga that began with the European Commission's 2018 decision and cements Brussels' most consequential victory in its decade-long campaign against Big Tech.