Luxembourg

EU probe: Luxembourg may have given Engie millions in tax benefits

An investigation by the European Commission has shown that Luxembourg may have given French energy giant Engie tax breaks in a scheme that gave the company an illegal competitive advantage.

Greece must protect rare sea turtles or face fines, EU court rules

Greece has failed in its obligation to protect the breeding ground of vulnerable sea turtles, the European Union's top court found Thursday, paving the way for possible fines against Athens if it does not take action.

Luxembourg minister sees shades of Nazi tactics in Turkey's behaviour

The Turkish government's method of shutting down opposition is on par with the way the Nazis sidelined criticism in 1930s and 1940s Germany, said Luxembourg Foreign Minister Jean Asselborn in comments to a German radio broadcaster Monday.

German medicine price-fixing breaks EU law, court rules

Germany's system of setting fixed prices for prescription-only medication is in breach of EU law, the bloc's top court ruled Wednesday, arguing that it restricts the free movement of goods.

EU prepares sanctions on Congo over violence, political crisis

EU foreign ministers paved the way Monday for sanctions against Congo, which has been gripped by violence amid a political crisis in light of upcoming presidential elections.

Croatian FM to attend FAC meeting in Luxembourg Monday

Caretaker Foreign Minister Miro Kovac will take part in a Foreign Affairs Council (FAC) meeting in Luxembourg on Monday, the Croatian Foreign and European Affairs Ministry said in a statement Sunday.

EU ministers approve new travel ID to ease migrant returns

EU interior ministers give the final go-ahead for a new travel document aimed at easing the return of illegal immigrants from Europe to their countries of origin, as part of efforts to tackle migration flows into the bloc.

Germany calls for quick EU asylum overhaul, continued border checks

German Interior Minister Thomas de Maiziere called Thursday for a quick reform of the European Union's asylum rules as well as an extension of temporary border controls, at talks with his EU counterparts on how to better manage migration flows to the bloc.

Ten EU countries move closer to contested financial tax

A group of EU member states could agree by the end of the year on a controversial tax on financial transactions, German Finance Minister Wolfgang Schaeuble said Tuesday, following repeated delays to the project.

Greece stands to receive 1.1 billion euros in bailout aid

Eurozone finance ministers paved the way Monday for Greece to receive 1.1 billion euros (1.2 billion dollars) in bailout aid, while holding back on a further 1.7 billion euros earmarked for arrears payments.

Eurozone ministers mull 2.8-billion-euro aid payout for Greece

Eurozone finance ministers were discussing Monday whether Greece has made enough reform progress to receive its next bailout payment of 2.8 billion euros (3.1 billion dollars), with several eager to give the go-ahead.

Eurozone unemployment stays at 10.1 per cent despite rise in jobless

Unemployment in the eurozone lingered at 10.1 per cent in August - where it's stayed since April this year - despite an overall rise in the number of people out of work, new data showed Friday.

Asylum applications in the EU up 6 per cent in second quarter of 2016

The number of people who filed first-time asylum applications in the European Union increased by 6 per cent in the second quarter of this year, new data released on Thursday showed, with Germany remaining their preferred destination.

Top EU court should strike Hamas off terrorist list, adviser says

The Islamic militant group Hamas should be removed from the EU list of terrorist organizations, an adviser to the bloc's top court recommended Thursday, agreeing with an earlier finding that procedural errors had been made.

Cosmetics tested on animals abroad can be banned in EU, court says

Cosmetics that have been tested on animals abroad can be banned in the European Union, the bloc's top court ruled Wednesday, in a case involving products sold on the Chinese and Japanese markets.

EU investigates Luxembourg tax scheme for French energy giant

The European Union launched a probe Monday into tax benefits granted in Luxembourg to GDF Suez, suspecting that the French energy giant may have benefited from an illegal competitive advantage.

Luxembourg premier plays down calls for Hungary's exclusion from EU

Luxembourg Prime Minister Xavier Bettel on Friday played down remarks by his foreign minister calling for Hungary's exclusion from the EU due to its treatment of migrants, noting that Jean Asselborn had not been speaking on behalf of the government.

EU court partially nixes sanctions on Ukraine ex-president Yanukovych

An EU court has partially annulled sanctions imposed on former Ukrainian president Viktor Yanukovych and two associates following his ouster, arguing Thursday that there was insufficient evidence against them for the period in question.

Free wifi providers not liable for illegal downloads, EU court rules

Businesses offering free wireless internet services cannot be held liable for illegal downloads, the European Union's top court ruled Thursday, in a case pitting electronics giant Sony against a German shop owner.

EU court bans automatic deportation of migrant convicts with children

Non-EU citizens with a criminal record cannot automatically be evicted from the bloc if they are the sole custodian of a child with a European nationality, the bloc's top court found Tuesday in two cases relating to Britain and Spain.

Hungary hits back at call for its exclusion from the EU

Hungarian Foreign Minister Peter Szijjarto on Tuesday slammed his Luxembourg counterpart Jean Asselborn as "pompous" and "sermonizing," after he said Hungary should be excluded from the European Union over its tough stance against migrants.

Hungary should be excluded from the EU, Luxembourg minister says

Hungary should be excluded from the European Union, Luxembourg Foreign Minister Jean Asselborn said in an interview published Tuesday, taking issue with the country's migration policies weeks before it holds a controversial referendum on refugee quotas.

Court advisor slams EU, Canada flight data-sharing deal

A deal between the European Union and Canada to share airline passenger information is in breach of fundamental EU rights and should not be implemented as agreed, an advisor to the European Union's top court recommended Thursday.

Eurozone inflation stuck at 0.2 per cent raising chance of ECB action

Eurozone inflation remained at 0.2 per cent in August, a new estimate showed Wednesday, with analysts predicting that this could put pressure on the European Central Bank to take further stimulus action as early as next week.

Frankfurt tipped to be big winner from Brexit: study

German financial centre Frankfurt stands to emerge as a bigger winner from Britain's plans to leave the European Union, according a study released on Thursday.

LuxLeaks whistleblower trial heads for appeal

A Luxembourg court ruling in the so-called LuxLeaks tax scandal will be revisited in its entirety, the state prosecution said Tuesday, after two men were sentenced for leaking documents that implicated hundreds of multinational firms in tax avoidance schemes.

Eurozone economic growth slows, with Brexit uncertainty lying ahead

Growth in the eurozone slowed to 0.3 per cent in the second quarter of this year, a new estimate predicted Friday, amid uncertainty about whether the economy could lose even more steam in coming months due to Britain's planned EU exit.

Eurozone unemployment stagnates at 10.1 per cent

Unemployment in the eurozone remained unchanged in June at 10.1 per cent, its lowest level in five years, new data showed Friday.

Top EU court upholds sanctions on former Zimbabwean attorney general

EU sanctions imposed on former Zimbabwean attorney general Johannes Tomana and 120 other individuals and companies were legitimate, the European Union's top court ruled Thursday, dismissing a complaint by those affected.

Eurozone inflation edges back into positive territory in June

Eurozone inflation moved back into positive territory in June, increasing for the first time since January, according to data released on Thursday.

LuxLeaks whistleblowers get suspended prison sentences, fines

Two men behind the so-called LuxLeaks tax scandal were hit Wednesday with suspended prison sentences and fines, after being found guilty by a Luxembourg court of leaking documents that implicated hundreds of multinational companies in tax avoidance practices.

EU calls on Britain to trigger exit negotiations without delay

Britain should launch its EU exit negotiations as soon as possible to avoid unnecessary uncertainty, top officials and ministers in the bloc said Friday, following the country's vote in favour of leaving the European Union.

Brexit would be a loss for EU, foreign ministers say

A British vote in favour of Brexit, or a departure from the European Union, would be a loss for the entire bloc, several EU foreign ministers said Monday, three days before the referendum on Britain's future in Europe.

EU paves way for training of Libyan coastguard, crackdown on weapons

EU foreign ministers paved the way Monday to expand their bloc's anti-migrant smuggling operation in the Mediterranean Sea, allowing it to take on the additional tasks of training Libya's coastguard and helping to enforce a UN arms embargo.

Eurozone bailout fund approves 7.5 billion euros for Greece

The eurozone bailout fund approved a disbursement of 7.5 billion euros (8.4 billion dollars) for Greece on Friday, with the money expected to be transferred to the cash-strapped country early next week.

Eurozone minister: Brexit would be Europe's "Lehman Brothers moment"

Eurozone finance ministers expressed concern Thursday about a possible British decision to leave the European Union, with one of them comparing it to the 2008 collapse of the Lehman Brothers bank.

Ministers set new September deadline for EU financial tax

A group of EU member states agreed Thursday to take a final stab at hashing out a controversial tax on financial transactions, after failing to meet a self-imposed June deadline to resolve their differences.

EU countries cannot jail foreigners for illegal entry, top court says

EU member states cannot imprison foreigners simply because they illegally entered the country, the bloc's top court ruled Tuesday, in a case involving a Ghanaian woman apprehended in France.

Eurozone growth at 0.6 per cent in first quarter, final data shows

The eurozone's economy expanded by 0.6 per cent in the first three months of this year, posting more solid growth than previously expected, new data showed on Tuesday.

Eurozone unemployment stagnates at 10.2 per cent

Unemployment in the eurozone remained unchanged in April at 10.2 per cent, its lowest level in nearly five years, new data released on Tuesday showed.

Luxembourg rejects reports calling its tax practices into question

Luxembourg on Tuesday rejected media reports that it had started verbally offering companies beneficial tax arrangements, which raised concerns that the country may be trying to sidestep new EU tax transparency measures.

Luxembourg faces new questions over corporate tax practices

Luxembourg faced new questions over its corporate tax practices on Tuesday after Belgian media reported that it had started verbally offering companies beneficial tax arrangements.

Parliament speakers for systematically solving Croatia-Slovenia issues

Parliamentary speakers attending the IPEX conference welcomed the European migration programme and all its measures and objectives to resolve the refugee crisis.

Four-fold increase in EU asylum claims by unaccompanied children

Last year, almost four times as many unaccompanied minors sought asylum in the European Union as in 2014, according to data published Monday, with around half of them coming from Afghanistan.

Eurozone "astonishes" with GDP growth, but inflation still too low

The eurozone's economy grew by a better-than-expected 0.6 per cent in the first three months of this year, but prices of goods and services were back in decline despite efforts to boost inflation, data released on Friday showed.

Eurozone unemployment falls to nearly five-year low of 10.2 per cent

Unemployment in the eurozone fell in March to 10.2 per cent, reaching its lowest level in nearly five years, new data released on Friday showed.

Eurozone inflation slips back below zero despite ECB efforts

The prices of goods and services in the eurozone declined by 0.2 per cent year-on-year in April, a new estimate issued Friday showed, leaving the bloc with a deflation rate for the second time this year on the back of falling energy prices.

Top court orders changes to EU's embattled emissions trading system

The European Union's top court ordered Thursday that changes be made to the bloc's emissions trading system, finding that ceilings for allowances had been set inappropriately.

Accused "LuxLeaks" whistleblowers reject charges in court

Three men accused of leaking documents that implicated hundreds of multinational companies in the LuxLeaks tax avoidance scandal rejected the charges brought against them Tuesday, in the first day of their trial before a Luxembourg court.

EU makes slow progress on Syrian refugee pledges for migration deal

EU member states made limited progress Thursday in providing places for Syrian refugees currently living in Turkey

EU seeks progress on Syria intake figures, new border and coast guard

EU interior ministers are expected Thursday to press ahead with measures to tackle the bloc's migration challenges, with concrete figures on the table for the intake of Syrians from Turkey, as well as plans for a European border and coast guard.

EU discusses support to Libyan government, expansion of naval mission

EU foreign and defence ministers held talks via videoconference Monday with Libya's UN-backed Prime Minister Fajez Sarraj to discuss support for his fledgling government, including a possible expansion of the bloc's naval mission off the Libyan coast.

Eurozone unemployment edges down to 10.3 per cent in February

The jobless rate in the eurozone edged down to 10.3 per cent in February, according to data released Monday by the EU statistics agency Eurostat, as the currency bloc makes slow progress in whittling down its unemployment figures.

EU court bans glucose company from making positive health claims

An EU court ruled Wednesday that a German company selling glucose sugar products cannot advertise with positive health claims because this clashes with official European health messages that consumers should reduce their sugar intake.

EU court: Germany can decide in some cases where migrants live

Germany can impose residency restrictions on some of the migrants it takes in if doing so helps with their integration, the European Union's top court ruled Tuesday, as Berlin considers extending the practice to help deal with the recent refugee surge.

Eurozone unemployment falls to 10.3 per cent in January

The jobless rate in the eurozone fell to 10.3 per cent in January

EU court: Germany can limit migrants' movement to help integration

EU member states can impose residency restrictions on foreigners granted international protection if it helps with their integration, the bloc's top court ruled Tuesday, in a case brought by Syrians living in Germany.

Eurozone inflation slips back below zero, upping pressure on ECB

Prices in the eurozone fell by 0.2 per cent year-on-year in February, a new estimate showed Monday, pushing inflation back into negative territory and making fresh action by the European Central Bank increasingly likely.

Eurozone inflation slips back below zero

The prices of goods and services in the eurozone fell by 0.2 per cent year-on-year in February, pushing inflation back into negative territory, according to an estimate released Monday by the EU statistics agency Eurostat.

Top court: Intra-EU migrants can be denied welfare for three months

EU countries can deny welfare benefits for three months to people stemming from another member state in the bloc, the European Court of Justice said Thursday.

Top EU court strikes down nuclear sanctions on Iran's Mellat bank

The European Union's top court on Thursday quashed an asset freeze on one of Iran's largest banks, arguing that the EU had not provided enough evidence to justify the nuclear-related restrictive measure.

Luxembourg launches venture to mine asteroids for minerals

Luxembourg will announce an asteroid mining venture Wednesday to seek gold, platinum and other minerals from some of the 13,000 asteroids nearest earth, news reports said.

Eurozone unemployment falls to 10.4 per cent in December

The jobless rate in the eurozone fell to 10.4 per cent in December, reaching the lowest rate since September 2011, EU statistics agency Eurostat said as it released new data Tuesday.

Eurozone inflation rises to 0.4 per cent in January

The cost of goods and services in the eurozone rose by 0.4 per cent year-on-year in January, according to an estimate released Friday, but analysts warned that the pickup in prices would likely be short-lived.

Greek debt back on the upswing, reached 171 per cent in third quarter

Greece's public debt swung back up in the third quarter of last year, reaching 171 per cent of gross domestic product (GDP) and registering one of the largest quarterly increases in Europe, new data showed Friday.

Eurozone sees positive employment trend, but consumption lags

The eurozone received mixed economic signals Thursday, with new EU data showing that the jobless rate reached a four-year low in November, even as retails sales fell for the third month in a row.

Eurozone unemployment falls to four-year low of 10.5 per cent

The jobless rate in the eurozone fell to 10.5 per cent in November, the lowest rate since October 2011, new EU data showed Thursday.

December eurozone inflation below expectation at 0.2 per cent

The cost of goods and services in the eurozone rose by a steady 0.2 per cent year-on-year in December, according to an estimate released Tuesday, disappointing analysts' expectations of greater price increases.

Eurozone inflation remains at 0.2 per cent in December

The cost of goods and services in the eurozone rose by a steady 0.2 per cent year-on-year in December, according to an estimate released Tuesday, disappointing analysts' expectations of greater price increases.