Luxembourg
Capital: Luxembourg ; GDP growth (annual %) 2016 : 4.2%
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Werner Hoyer re-appointed as EU investment bank chief
Werner Hoyer, a former German liberal MP, was re-appointed on Thursday as president of the European Investment Bank (EIB) for six years, with his new mandate starting on 1 January 2018.
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Migration drives EU population up, Luxembourg, Sweden, Malta register large growth in 2016
Eurostat on Monday said in a press release that the people of the European Union (EU) was estimated at 511.8 million on January 1, 2017 due to net migration.
According to Eurostat, the statistical office of the EU, during the year of 2016, 18 EU members witnessed people increases, while 10 members witnessed people decreases.
The major increase was recorded in Luxembourg which was 19.8 per 1,000 residents, according to the data. Sweden's 14.5 per 1,000 residents and Malta's 13.8 per 1,000 residents ranked the second and the third.
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Higher earning Why a university degree is worth more in some countries than others
A university education may expand your mind. It will as well fatten your wallet. Data from the OECD, a club of rich nations, show that graduates can expect far better lifetime earnings than those without a degree.
The size of this premium varies. It is greatest in Ireland, which has a high GDP per chief and rising inequality. Since 2000 the unemployment rate for under-35s has swelled to 8% for those with degrees – but to additional than 20% for those without, and nearly 40% for secondary school drop-outs. The country’s wealth presently goes disproportionately to workers with letters next their names.
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- Key Facts
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Full name: Grand Duchy of Luxembourg
Population: 516,000 (UN, 2011)
Area: 2,586 sq km (999 sq miles)
Major languages: French, German, Luxembourgish
Major religion: Christianity
Life expectancy: 78 years (men), 83 years (women) (UN)
Monetary unit: 1 Euro = 100 cents
Main exports: Steel products, chemicals, rubber products
GNI per capita: US $77,160 (World Bank, 2010)
Internet domain: .lu
International dialling code: +35
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Climate change laws around the world
2017/05/14There has been a 20-fold increase in the number of global climate change laws since 1997, according to the most comprehensive database of relevant policy and legislation.
The database, produced by the Grantham Research Institute on Climate Change and the Environment and the Sabin Center on Climate Change Law, includes more than 1,200 relevant policies across 164 countries, which account for 95% of global greenhouse gas emissions.
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Brexit negotiations should treat energy as ‘special case’
2017/05/14There are strong practical reasons why the UK and EU should treat energy as a appropriate case during Brexit negotiations, argues a new statement.
The statement, jointly authored by Chatham Home, the University of Exeter and the UK Energy Research Centre (UKERC), says finding common ground on energy during the Brexit negotiations would benefit both the UK and remaining EU27, while compromise may be relatively easier to achieve than for other areas.
- Luxembourg News
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- BANKING / INVESTMENT: Werner Hoyer re-appointed as EU investment bank chief
- PEOPLE: Migration drives EU population up, Luxembourg, Sweden, Malta register large growth in 2016
- EDUCATION: Higher earning Why a university degree is worth more in some countries than others
- ECONOMY: Europe in 2016: Terror fears, migration, politics. But economy may turn a corner
- ECONOMY: Global growth will be disappointing in 2016: IMF's Lagarde
- STOCK MARKET / FINANCE: Luxembourg court charges French reporter over ‘LuxLeaks’ role
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