Category Archives: Luxembourg

Press Releases & News from Luxembourg distributed via EuropaWire

The European Investment Bank supports EADS Group’s innovation and R&D programmes with EUR 300m

Posted on 18, March 2013 by

Luxembourg/Amsterdam, 18-3-2013 — /europawire.eu/ — The European Investment Bank (EIB) and EADS have announced the signature of a EUR 300 million finance contract in support of EADS Group’s innovation and R&D programmes. This loan reflects the long-standing quality partnership that has formed … Read the full press release →

Posted in Aviation & Aerospace, Banks, Business, European Union, Financial, Government, Investment, Luxembourg, Netherlands

P&T LUXGSM announces seven new HD channels on “Tële vun der Post”

Posted on 14, March 2013 by

14-3-2013 — /europawire.eu/ — P&T LUXGSM announces seven new HD channels on “Tële vun der Post”, thereby bringing the total number of HD channels to 46. IPTV from P&T LUXGSM now offers 127 channels in the basic package, including 26 HD … Read the full press release →

Posted in Business, Entertainment, Internet & Online, Luxembourg, Technology, Telecom

The European Investment Bank today priced its second new benchmark Euro Area Reference Note (EARN) of 2013.

Posted on 8, March 2013 by

Strong Asian and central bank demand for EIB EUR 4bn 7-year EARN Transaction driven by strong demand from Asia and central banks, complemented by granular distribution to European investors Refreshes yield curve with a liquid size 7-year EARN 8-3-2013 — … Read the full press release →

Posted in Banks, Business, Economy, European Union, Financial, Government, Investment, Luxembourg

The European Investment Bank (EIB) and Exim Bank signed a EUR 150 million loan to mitigate climate change in India

Posted on 8, March 2013 by

8-3-2013 — /europawire.eu/ — The European Investment Bank (EIB) and Exim Bank signed a EUR 150 million loan for financing investments that will contribute to the mitigation of climate change. The EIB loan will make long term financing available for investments … Read the full press release →

Posted in Banks, Business, Environment, European Union, Financial, Government, Investment, Luxembourg, Society

Audit leads EU to rethink “temporary accommodation” rules after natural disasters

Posted on 25, February 2013 by

Luxembourg, 25-2-2013 — /europawire.eu/ — Following a report from the EU auditors, the European Commission is to clarify rules on financing “temporary accommodation” following natural disasters. The report examined events following the April 2009 earthquake that hit the Italian Abruzzi region and … Read the full press release →

Posted in European Union, Financial, Government, Luxembourg, Politics, Society

Taxation: Commission refers France and Luxembourg to the Court of Justice over reduced VAT rates on ebooks

Posted on 22, February 2013 by

Brussels, 22-2-2013 — /europawire.eu/ — The European Commission has decided to refer France and Luxembourg to the Court of Justice of the European Union for applying reduced rates of VAT to ebooks. EU law is very clear on which goods and services … Read the full press release →

Posted in Belgium, Business, European Union, Financial, France, Government, Internet & Online, Law, Luxembourg, Politics

The European Union Solidarity Fund’s response to the 2009 Abruzzi earthquake: The relevance and cost of operations

Posted on 18, February 2013 by

INVITATION – PRESS BRIEFING  Luxembourg, 18-2-2013 — /europawire.eu/ — In early April 2009, an earthquake hit the Italian Abruzzi region and its capital city of L’Aquila, causing direct damage estimated at more than 10 billion euro. In November 2009, the European Union … Read the full press release →

Posted in European Union, Financial, Government, Italy, Luxembourg, Society

EIB appoints Ben Knapen as Brussels Representative

Posted on 14, February 2013 by

14-2-2013 — /europawire.eu/ — The European Investment Bank has appointed Ben Knapen to a new role as the bank’s Brussels Representative to strengthen engagement with institutional and political partners. Ben Knapen’s previous ministerial experience covering foreign affairs, Europe and development policy … Read the full press release →

Posted in Banks, Belgium, Business, Financial, Government, Luxembourg, Management

ESM Board of Governors elects Jeroen Dijsselbloem as its Chairman

Posted on 12, February 2013 by

Luxembourg, 12-2-2013 — /europawire.eu/ — The Board of Governors of the European Stability Mechanism (ESM) today elected the President of the Eurogroup Jeroen Dijsselbloem as its Chairman. In this capacity Jeroen Dijsselbloem succeeds Jean-Claude Juncker, who stepped down as President of … Read the full press release →

Posted in Business, European Union, Financial, Government, Luxembourg, Management, Politics

MACH and payvia Partner to Offer Seamless Worldwide Mobile Payments Platforms

Posted on 11, February 2013 by

MACH and payvia Partner to Offer Seamless Worldwide Mobile Payments Platforms MACH to launch its direct carrier billing service in the US Los Angeles/Luxembourg, 5 February, 2013 – MACH, the world leader in direct operator billing, and mobile payments leader payvia, today announced … Read the full press release →

Posted in Business, Financial, Internet & Online, Luxembourg, Technology, Telecom

Skype Goes Live With MACH Direct Operator Billing

Posted on 11, February 2013 by

MACH enables new mobile payment option for Skype Credit in three markets U.S. rollout connects with mobile operators through partnership with payvia Luxembourg, 11-2-2013 — /europawire.eu/ — MACH, the world leader in direct operator billing, today announced that Skype now supports … Read the full press release →

Posted in Business, Financial, Internet & Online, Luxembourg, Russia, Technology, Telecom

Mobile Operators Slow To Protect Consumers From Bill-Shock, Says MACH

Posted on 8, February 2013 by

Less than a quarter of operators are compliant with the GSMA’s Data Roaming Transparency Guidelines Luxembourg, 8-2-2013 — /europawire.eu/ — According to a survey conducted by MACH, the leading provider of cloud-based managed communication services, the majority of mobile operators (62%) have … Read the full press release →

Posted in Business, Financial, Internet & Online, Luxembourg, Technology, Telecom

L’Europe, partenaire clef du Grand Nancy pour l’amélioration de son offre de mobilités

Posted on 8, February 2013 by

8-2-2013 — /europawire.eu/ — Doter le Grand Nancy d’un réseau performant de bus à haut niveau de service tout en apportant une réponse adaptée et durable aux besoins de réaménagement des infrastructures urbaines, tel est l’objectif de l’accord financier entre le … Read the full press release →

Posted in Banks, Business, European Union, Financial, France, Investment, Luxembourg, Transportation & Logistics

EIB and ICAF sign agreement to finance SMEs in Cantabria

Posted on 4, February 2013 by

4-2-2013 — /europawire.eu/ — The European Investment Bank (EIB) has granted a EUR 50 million loan to the Instituto de Finanzas de Cantabria (ICAF) mainly for financing the investment projects of the region’s small and medium-sized enterprises (SMEs). This EIB loan will … Read the full press release →

Posted in Banks, Business, Financial, Investment, Luxembourg, Small Business, Spain

Additional Incentive of EUR 500 million for the Development of SMEs in Croatia

Posted on 1, February 2013 by

Signing of the contract for the largest loan approved to Hrvatska banka za obnovu i razvitak Zagreb, 1-2-2013 — /europawire.eu/ — European Investment Bank (EIB) approved a EUR 500 million loan to Hrvatska banka za obnovu i razvitak (HBOR) which represents … Read the full press release →

Posted in Banks, Business, Croatia, Financial, Investment, Luxembourg, Small Business

Dexia Crédit Local – Execution of the definitive funding guarantee agreement by the Belgian, French and Luxembourg States

Posted on 29, January 2013 by

29-1-2013 — /europawire.eu/ — The French, Belgian and Luxembourg States have entered into a several but not joint definitive funding guarantee agreement in favour of Dexia Crédit Local (main issuer and main operating entity of the group). As was the case … Read the full press release →

Posted in Banks, Belgium, Business, Financial, France, Investment, Luxembourg

Establishing the Single Supervisory Mechanism

Posted on 29, January 2013 by

Speech by Vítor Constâncio, Vice-President of the ECB, at the BAFT-IFSA 2013 Europe Bank-to-Bank Forum 29 January 2013 29-1-2013 — /europawire.eu/ — Ladies and gentlemen, It is a great pleasure to be here today at this event organised by the BAFT-IFSA (Bankers’ Association for … Read the full press release →

Posted in Banks, Business, Economy, Financial, Government, Law, Luxembourg

ArcelorMittal to record non-cash impairment charge in Q4 2012

Posted on 29, January 2013 by

Luxembourg, 29-1-2013 — /europawire.eu/ — ArcelorMittal today announced it expects to write down the goodwill in its European businesses by approximately US$4.3bn. This follows the completion of its yearly goodwill impairment test, as required by IFRS accounting standards. The write down … Read the full press release →

Posted in Business, Financial, Industrial, Luxembourg, Metals and Minerals

ArcelorMittal extends conversion date for $1bn mandatory convertible bond

Posted on 29, January 2013 by

Luxembourg, 29-1-2013 — /europawire.eu/ — ArcelorMittal announces the extension of the conversion date for the $1bn privately placed mandatory convertible bond (MCB) issued on 28 December 2009 by one of its wholly-owned Luxembourg subsidiaries. This amendment to the MCB, which is … Read the full press release →

Posted in Business, Financial, Industrial, Investment, Luxembourg, Metals and Minerals

ArcelorMittal prices Combined Offering of common stock and mandatorily convertible subordinated notes (“MCNs”)

Posted on 21, January 2013 by

Luxembourg, 21-1-2013 — /europawire.eu/ — ArcelorMittal (the “Company”) announces the pricing of its combined offering of ordinary shares and mandatorily convertible subordinated notes (“MCNs”) announced earlier today (the “Combined Offering”). The total aggregate proceeds from the Combined Offering are approximately USD … Read the full press release →

Posted in Business, Financial, Industrial, Investment, Luxembourg, Metals and Minerals