Summary of the news and events happening in Luxembourg

Posted on 24 April 2023 by Team

Luxembourg's unemployment rate has seen a slight increase in March 2023, with 15,332 resident jobseekers registered with ADEM.

STATEC's latest report on Luxembourg's population reveals a 2.4% increase in 2022, driven mainly by migration. The report also shows that foreign residents are younger than Luxembourgers, with an average age of 38.1 years for foreign men compared to 40.0 years for Luxembourg men.

Experience the Best of Summer in the City: VDL's Exciting Lineup of Events!

Congratulations to Princess Alexandra of Luxembourg - she married Nicolas Bagory in a civil ceremony at Luxembourg's Town Hall before the pair host a lavish reception on 29 April.

Jordan and Luxembourg royals unite with King Charles at 200th Royal Military Academy Sandhurst's Sovereign's Parade.

Amidst the fluctuating inflation rates in the Euro area, Luxembourg stands out with the lowest annual rate at 2.9%. As published by Eurostat, this demonstrates the country's stable economic performance.

The owners of an Irish pub in Luxembourg said they initially thought a priest's emergency plea to use their bar to say mass was a prank call.

Global apparel retailer UNIQLO today announces plans to open the first store in Luxembourg located in the heart of the city on Grand-Rue in Fall 2023.

The City of Luxembourg donates five mid-sized buses to the Ukrainian Government for the "School buses for Ukraine" campaign, providing safe transportation for schoolchildren in the Kherson region.

OffWorld Europe & Luxembourg Space Agency Partner Up for Groundbreaking Lunar Exploration Program!
OffWorld Europe and Luxembourg Space Agency have joined forces to embark on a new lunar exploration program focusing on in-situ resource utilisation (ISRU). As leaders in space exploration, this partnership promises to be a major step forward in our understanding and utilisation of lunar resources.

Luxembourg takes a green leap forward with its new climate plan! With over a third of its energy to come from renewables by the end of the decade, the country steps up its green energy and efficiency targets. Prime Minister Xavier Bettel affirms the reality of climate change and highlights the importance of public participation in policy-making.

Exciting news in the world of renewable energy!
Luxembourg and Finland are set to make history with the first-ever cross-border tender in the EU! This initiative aims to bring clean energy to the people, paving the way for a greener future.

𝗟𝘂𝘅𝗲𝗺𝗯𝗼𝘂𝗿𝗴'𝘀 𝟮𝟮𝗻𝗱 𝗗𝘂𝗰𝗸 𝗥𝗮𝗰𝗲 will be held on April 29, 2023, featuring 16,000 ducks launched into the Alzette for a charity race. The event will have entertainment, catering and a green focus, while funds raised will go to support humanitarian associations.

Chief Executive Ho Iat Seng will meet Luxembourg’s Prime Minister, Xavier Bettel, on Monday.

Nine countries will meet for the next North Sea Summit

New horizons ahead! Hong Kong and Luxembourg explore deeper collaboration in financial services.

Macau comes calling to Luxembourg
Macau’s leader Ho Iat Seng will embark on a trip to Portugal, Luxembourg, and Belgium tomorrow. The visit is aimed at strengthening economic ties between the city and the European countries, as well as cooperation in tourism, education, and culture.

Luxembourg's securitisation laws have changed since 2004, and were updated in 2022 to allow the use of partnerships and clarify multi-compartment structures and active management. EU harmonisation has boosted securitisation growth, and Luxembourg's vehicles are now cross-border hubs for financial services, with more US investors investing in European debt through these vehicles.

The implementation of new border checks has been delayed until 2024, providing relief for those concerned about potential delays and hassles. The delay has been attributed to a desire to avoid disruption during the Paris Olympics, allowing for smooth travel and tourism during the event.

Summer travel in Europe is becoming increasingly expensive, with airline prices skyrocketing by up to 50%. The high demand for travel, coupled with reduced flight schedules due to pandemic restrictions, has led to a surge in prices. Travellers will need to budget accordingly or risk being priced out of their desired destinations.

Elon Musk faces a tough day as SpaceX rocket explosion costs him $13 billion and Tesla earnings fall short of expectations. With investors eyeing the situation closely, what will be the impact on Musk's future plans

SpaceX's Starship, the most powerful rocket ever built, exploded midair before stage separation during its first test flight. The massive Super Heavy rocket booster, which houses 33 engines, lifted off successfully, but about 2½ minutes after takeoff, it was scheduled to expend most of its fuel and separate from the Starship spacecraft, leaving the booster to be discarded in the ocean.

Europe faces unprecedented heat and drought as record-breaking temperatures worsen climate change impact, leaving the continent in a state of alarm.

𝐒𝐮𝐫𝐯𝐢𝐯𝐢𝐧𝐠 𝐢𝐧 𝐒𝐨𝐥𝐢𝐭𝐮𝐝𝐞: The Incredible Story of the Spanish Athlete who Defied the Limits of Isolation and Endurance for 500 Days in a Deep, Dark Cave.

𝐒𝐭𝐞𝐩 𝐈𝐧𝐬𝐢𝐝𝐞 𝐭𝐡𝐞 𝐖𝐨𝐫𝐥𝐝 𝐨𝐟 𝐋𝐮𝐱𝐮𝐫𝐲 𝐚𝐭 𝐎𝐫𝐲𝐱 𝐇𝐨𝐭𝐞𝐥: 𝐖𝐡𝐞𝐫𝐞 𝐄𝐯𝐞𝐫𝐲 𝐂𝐨𝐫𝐧𝐞𝐫 𝐑𝐚𝐝𝐢𝐚𝐭𝐞𝐬 𝐄𝐥𝐞𝐠𝐚𝐧𝐜𝐞 𝐚𝐧𝐝 𝐂𝐨𝐦𝐟𝐨𝐫𝐭.
Get a Sneak Peek Inside One of the Most Luxurious Airport Transit Hotels and Discover the Perfect Destination to Unwind and Relax During Your Next Layover in Doha!

Witness the Rare Hybrid Solar Eclipse of 2023: Bask in the Breathtaking Beauty of the Cosmos with These Stunning Photos!

As your hair thins, small clumps start sticking out in new and unexpected directions. Human hairs crave company — and when their neighbors depart, they don't know where to go.

Some iPhone thieves are exploiting a security setting, called the recovery key, that makes it nearly impossible for owners to access their photos, messages, data and more, according to a recent Wall Street Journal report. Some victims also told the publication their bank accounts were drained after the thieves gained access to their financial apps.

Capture Every Moment, Cherish Every Memory: Why Recording Your Travel Experiences is the Key to Reliving Your Adventures Long After You Return Home

Discovering the Unknown: 5 Fascinating Facts about Earth Day You Never Knew.

Unlock the fascinating world of artificial intelligence and the contemporary home with this thought-provoking read. Get a glimpse into how AI perceives our living spaces from different perspectives around the world.

Discover the incredible story of Matthew Henson, the unsung Black explorer who played a vital role in reaching the North Pole, in this fascinating article.

The line between human and machine-made art blurs as a photographer admits that their prize-winning image was actually AI-generated. Is this the future of art, or a threat to traditional creativity

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