Luxembourg

European Union won't close its borders for refugees

 

Ankara: The European Union (EU) will not close its borders for refugees, Foreign Minister Jean Asselborn of Luxembourg, which also holds the EU presidency, has said.

Sep 19, 2015, 11:06 AM IST

EU to hold emergency meeting on refugee issue

European Union (EU) interior ministers will hold an emergency meeting on September 22 to cope with refugee crisis, officials said.

Sep 16, 2015, 08:49 AM IST

Luxembourg warns Germany of catastrophe if it pushes for Grexit

Luxembourg`s foreign minister has made an impassioned plea for Germany to avoid a Greek exit from the euro, warning Berlin of a catastrophic schism with France if it pushes for Athens to leave the currency union.

Jul 12, 2015, 17:08 PM IST

HSBC, JPMorgan may move parts of businesses to Luxembourg: Report

The banks are also considering the tougher rules imposed by the European Union for conducting business outside of the eurozone, the Times said.

Jun 16, 2015, 13:00 PM IST

EU may probe McDonald`s tax deal with Luxembourg: Official

The EU may probe sweetheart tax deals that US fast food icon McDonald`s allegedly agreed with Luxembourg, the bloc`s competition chief said Tuesday, adding to a growing list of suspects.

May 05, 2015, 16:56 PM IST

Luxembourg diplomat seeks investments from India Inc

In a bid to attract investments into Luxembourg, once seen as a "tax haven", its ambassador Wednesday assured industrialists and investors that his government "does not encourage money laundering."

Apr 22, 2015, 22:20 PM IST

Switzerland, Luxembourg plan to join China-led development bank

Switzerland and Luxembourg are planning to join the Beijing-backed development bank AIIB, China`s finance ministry said, the latest European nations to sign up to the multilateral lender which has drawn scepticism from the United States.

Mar 21, 2015, 11:44 AM IST

Black money: Luxembourg offers to send financial experts team

Luxembourg, one of the biggest routes for investments into India, today offered to send a team of experts here to brief the government on measures taken by it to curb illegal financial transactions.

Mar 02, 2015, 23:42 PM IST

Second French suspect charged over Luxleaks tax probe

A second French suspect was charged Friday with theft and money-laundering in ongoing investigations into the leaking of secret tax avoidance deals between Luxembourg and multinational companies, a scandal dubbed Luxleaks.

Jan 24, 2015, 02:28 AM IST

EU's Juncker on defensive as new 'LuxLeaks' drag in Disney

EU Commission chief Jean-Claude Juncker was back under the spotlight Wednesday after new revelations showed Disney, Microsoft and Koch Industries got bumper tax deals from Luxembourg when he was prime minister.

Dec 10, 2014, 18:32 PM IST

EU`s Juncker says Luxembourg `had no choice` on tax

Juncker has previously said that the deals were done by Luxembourg tax authorities and had nothing to do with the government, in which he held the post of finance minister as well as premier.

Nov 28, 2014, 18:48 PM IST

EU's Juncker survives no-confidence vote over tax deals

The European Commission`s new president, Jean-Claude Juncker, comfortably survived a no-confidence vote on Thursday brought over news that Luxembourg had lured multinational businesses with super low tax rates during his period as prime minister.

Nov 28, 2014, 05:34 AM IST

EU to use `LuxLeaks` documents in tax probe

The EU said Thursday it will use the so-called "LuxLeaks" documents to decide whether to widen its probe into Luxembourg`s tax deals, in a row that has embroiled new European Commission head Jean-Claude Juncker.

Nov 20, 2014, 22:31 PM IST

Juncker says no 'conflict of interest' over Luxembourg tax breaks

European Commission head Jean-Claude Juncker said Wednesday he faced no conflict of interest in his new post over investigations into huge tax breaks agreed with top international firms when he was Luxembourg premier.

Nov 12, 2014, 18:36 PM IST

EU widens tax probe into multinationals: Source

The European Commission is widening its probe into how multinationals use countries such as Luxembourg to cut their tax bill, an official with knowledge of the matter said on Friday.

Jul 05, 2014, 01:54 AM IST

Amazon's Luxembourg taxes under scrutiny

European officials have asked Luxembourg to hand over documents relating to U.S. online retailer Amazon`s tax affairs in the country.

Jul 04, 2014, 07:42 AM IST