Tag Archives: Luxembourg

Danish households are the richest in the European Union, according to a data analysis by the country’s central bank. The average household in Denmark had 1.88 million Danish kroner ($300,000) in financial assets as of the fourth quarter of 2020. The data, released Wednesday, was extracted from the European Central …

Amazon won its fight against an EU order to pay about 250 million euros ($303 million) in back taxes to Luxembourg in another blow to competition chief Margrethe Vestager’s crusade against preferential deals. The bloc failed to show that Luxembourg had given the U.S. online retailer special treatment in violation …

Europe’s press has largely reported Boris Johnson’s visit to Luxembourg as a humiliation for the British prime minister – with many outlets focusing on him skipping a press conference because of protesters. “In the end, the man who has defined himself as ‘Incredible Hulk’ has become invisible,” Italian newspaper La …

It’s been a three-horse race this year to be named the world’s most powerful passport, with all top three contenders in Asia. Now, as we enter the second half of 2019, Japan and Singapore have held onto their position as the world’s most travel-friendly passports, with South Korea dropping into …

Italian police have arrested the captain of a rescue ship carrying dozens of migrants rescued near Libya after a weeks-long standoff between the vessel and authorities came to a climax off the island of Lampedusa. Carola Rackete, the German captain of Sea-Watch 3, was led off the ship in handcuffs …

Donald Trump is set to join Queen Elizabeth II and 15 other heads of state in the British city of Portsmouth Wednesday to commemorate the 75th anniversary of D-Day; the largest joint military operation ever was undertaken. World leaders, royalty and veterans will gather at the Portsmouth Naval Memorial to …

Nearly 40 world leaders and scores of finance officials are gathered in Beijing to build a new platform for international trade and counter US unilateralism and protectionist policies. Dubbed as the Belt and Road (BRI) initiative, they aim to reinvent the ancient Silk Road to connect Asia to Europe and …