Latest News

Former Minister of Finance of Luxembourg, Mr. Pierre Gramegna appointed as the new MD of European Stability Mechanism Statement 29/11/22 09:57:00

We are pleased to announce that Former Minister of Finance of Luxembourg, Mr. Pierre Gramegna was appointed as the new Managing Director of the European Stability Mechanism(ESM) . On 25 November, the Board of Governors of the European Stability Mechanism (ESM), i.e. the 19 Finance ministers of the Eurozone, unanimously nominated the Former Minister of Finance of the Luxembourg Government, Mr. Pierre Gramegna, as the new Managing Director of the European Stability Mechanism (ESM). Read more..

Luxembourg movie “Io Sto Bene” to be screened at the 27th edition of EU Film Festival India on 10 November Statement 03/11/22

Cinema lovers from India can join us for the screening of the Luxembourg movie, ‘Io Sto Bene’, at the 27th edition of the EU Film Festival India at the Instituto Cervantes Auditorium in New Delhi on 10 November at 6:30pm. Donato Rotunno's 'Io Sto Bene' is a sober drama that follows the lives of two generations of Italian expats crossing paths. Read more..
Luxembourg has the 8th fastest internet in the world Statement 12/10/22

According to a cable.co.uk survey, a UK-based service for comparing broadband, TV, landline and mobile packages, Luxembourg ranks 8th among the top 10 countries in the world with the fastest internet with a mean download speed of 131.95. The overall study covers 220 countries and territories. In 2021, the global average speed rose by 20%. Read more..
Register now for the livestream session on “Building Bridges with India” organised by Luxembourg for Finance on 19 October Statement 06/10/22

People are invited for the Livestream session on “Building Bridges with India” organised by Luxembourg for Finance (LFF) to be held on 19 October from 2:30pm – 4pm (IST). The livestream session will focus on the various aspects in the global financial sector, such as green and sustainable finance and the existing cooperation between Luxembourg and India, as well as the opportunities for Indian companies in the Luxembourg financial ecosystem. Read more..
Luxembourg 13th most competitive country Statement 29/09/22

Luxembourg has been ranked as the world’s 13th most competitive country in the 2022 edition of the IMD World Competitiveness Ranking . In terms of economic performance, Luxembourg ranks as the most competitive country in the world up from 10th place in 2021 rankings. Read more..
Luxembourg among top 10 countries for post COVID FDI recovery Statement 23/09/22

Luxembourg is ranked 6th globally and 4th in the EU for foreign direct investment (FDI) when comparing the 1st half of 2022 to the same period in 2019 according to a study by fDi Intelligence . With an increase of 85%, Luxembourg is on track to return to pre-pandemic levels. Read more..
Luxembourg 3rd most resilient economy worldwide Statement 12/09/22

Luxembourg remains the world's 3rd most resilient economy according to the 2022 FM Global Resilience Index , even strengthening its global score compared to last year. Luxembourg maintains its position as #1 in the economic category with a score of 100/100, in particular, thanks to its high productivity and low political risk. Read more..
Luxembourg 2nd most attractive in EU to pursue tech career Statement 09/09/22

Luxembourg is ranked 2nd most attractive city in the EU to pursue a tech career, according to a study by digital skills academy CodeClan. Factors include salary, average broadband speed, average rent per month and the number of tech companies/jobs. Read more..