'5 per cent is NO': Luxembourg collective publishes manifesto against EU militarisation

As the EU prepares to invest hundreds of billions into defence, a Luxembourg-based collective is pushing back, calling for money to be redirected toward climate, health, and education. The European Union plans to invest up to 800 billion euros in...

EU scales up pressure against national barriers in finance

THE European Union’s (EU’s) executive arm warned of new infringement cases coming against member states that are blocking banking mergers as the bloc rushes to reduce national barriers so money can flow more effectively into investments in...

EU seeks US trade concessions by doubling steel tariffs

The EU Commission announced Tuesday it would double its duties to 50% for steel imports above a a tariff-free quota — with the quota itself planned to be cut by 47% to 18.3 million tons a year. The proposal is subject to approval by the EU's 27...

Ripple Meets Luxembourg’s Finance Chief to Strengthen Its Foothold in Europe

EU proposes sharp tax hike on cigarettes and nicotine products

The European Commission’s sweeping proposal to overhaul tobacco and nicotine taxation has triggered strong reactions among EU member states after its presentation at the Economic and Financial Affairs Council (Ecofin) in Luxembourg earlier this...

Luxembourg’s Sovereign Fund Commits 1% to Bitcoin ETFs

Luxembourg’s Intergenerational Sovereign Wealth Fund has placed 1 per cent of its assets into Bitcoin exchange-traded funds, making it the first sovereign fund in the Eurozone to adopt such exposure. The move was unveiled during the presentation...

Luxembourg Joins the ranks of governments investing in Bitcoin

Luxembourg’s Intergenerational Sovereign Wealth Fund (FSIL) will allocate 1% of its total portfolio — over €7 million — to Bitcoin and other crypto, Finance Minister Gilles Roth announced Wednesday during his 2026 budget presentation in the...

ArcelorMittal M&A head holds talks in South Africa over unit sale

ArcelorMittal SA’s head of mergers and acquisitions, Ondra Otradovec, is holding talks in South Africa with the nation’s top development-finance institution and trade department about the sale of the steelmaker’s local unit, people familiar with...

Luxembourg’s Sovereign Fund Invests in Bitcoin, Citing ‘Growing Maturity’ of Crypto

In a historic ruling that highlights the changing perceptions of traditional state finance, Luxembourg’s sovereign wealth decision has formally made its first allocation into Bitcoin. The news, which was revealed on Wednesday, sees the nation,s...

Fastest way to file taxes: 9,500 electronic tax declarations checked between 2021 and 2023

Between 2021 and 2023, Luxembourg's tax authorities reviewed 9,500 electronic tax declarations, resulting in nearly equal numbers of refunds and additional payments, according to Finance Minister Gilles Roth. Submitting returns online is the...

Luxembourg Sovereign Wealth Fund Announces 1% Portfolio Allocation to Bitcoin ETFs

October 10, 2025 @ 8:36 am By Omar Faridi The Luxembourg sovereign wealth fund has reportedly invested 1% of its portfolio into Bitcoin ETFs, which is said to make it the first sovereign wealth fund in the Eurozone area to officially gain exposure...

Luxembourg Bets On Bitcoin As Sovereign Fund Adds 1% Exposure To BTC ETFs

In an announcement made yesterday, Luxembourg’s Finance Minister disclosed that the European country’s Intergenerational Sovereign Wealth Fund (FSIL) is set to allocate 1% of its total portfolio to Bitcoin (BTC) exchange-traded funds (ETFs) and...

Luxembourg becomes the first Eurozone nation to invest in Bitcoin

Luxembourg has become the first Eurozone nation to invest in Bitcoin through its International Sovereign Wealth Fund (FSIL). The country has allocated 1% of its FSIL $730 million holdings into Bitcoin ETFs. Gilles Roth, Luxembourg’s Finance...

Luxembourg Joins Bitcoin Arms Race: Nation's Wealth Fund Buys Crypto For First Time

Authored by Micah Zimmerman via BitcoinMagazine.com, Luxembourg is officially joining the ranks of governments investing in Bitcoin. The country’s Intergenerational Sovereign Wealth Fund (FSIL) will allocate 1% of its total portfolio — over €7...

Luxembourg’s sovereign wealth fund to invest in bitcoin

By next year, the fund could hold €8.2m in cryptocurrency Gilles Roth, Luxembourg's finance minister. Photo: Getty Today at 06:30 Luxembourg’s sovereign wealth fund, FSIL, will allocate 1pc of its total investment portfolio to cryptocurrencies...

Gcore Mitigates Record-Breaking 6 Tbps DDoS Attack

Luxembourg, Luxembourg, October 14th, 2025, CyberNewsWire Surge in scale and sophistication highlights rising threats to tech and digital infrastructure Gcore, the global edge AI, cloud, network, and security solutions provider, has successfully...

Economic and Financial Affairs Council in Luxembourg: EU finance ministers meet to discuss budget reform, tobacco taxation, and defense spending flexibility

The session is currently ongoing, with ministers from EU member states gathered in Luxembourg for a two-day meeting that began on Thursday, 9 October, and concludes on Friday, 10 October. During the public portion of the session, participants had...

Strategic shift: Luxembourg becomes first in Europe to add Bitcoin to reserves

In a landmark move for Europe's financial landscape, Luxembourg has officially added Bitcoin to its national reserves, positioning itself as a pioneer in sovereign cryptocurrency investment. Luxembourg has become the first European country to...

Banking reform: Instant payments and fraud checks become mandatory across Europe

Consumers across Europe will see bank transfers become near-instantaneous and significantly more secure starting Thursday, as new EU rules on instant payments and IBAN-name verification take full effect. New regulations coming into force on...

Luxembourg Joins the Bitcoin Arms Race: Nation’s Wealth Fund to Buy Bitcoin for the First Time

Luxembourg is officially joining the ranks of governments investing in Bitcoin. The country’s Intergenerational Sovereign Wealth Fund (FSIL) will allocate 1% of its total portfolio — over €7 million — to Bitcoin and other crypto, Finance Minister...