Editorial Team

Luxembourg’s Revenue Increases by 9.9%, Yet Deficit Hits €339 Million

By the end of September 2026, Luxembourg's state revenue saw a significant increase, reaching €23.9 billion. This marks a 9.9% rise compared to the same period in the previous year, primarily driven by robust tax collections. Notably, corporate income tax revenue surged to €3.3 billion, reflecting a 21.4% increase, while the solidarity tax revenue rose by 9.1% to €610 million. Additionally, the newly implemented...
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Bulgaria Eyes Revival with New Player Generation Against Luxembourg

Bulgaria's national football team is gearing up to face Luxembourg with a fresh squad as it transitions from the legacy of football legends like...

Boost for Italian Cycling Industry as Team Clinches World Championship Gold

The Cycling World Championships in Montreal, Canada, witnessed an impressive display of teamwork and skill as Italy clinched the gold medal in the Team...

Italy Encourages Iran to Foster Business-Friendly Economic Relations

Amid escalating tensions between Iran and Western nations, Italy has called for a shift in Iran's diplomatic posture. Italian Deputy Prime Minister and Foreign...

Iran Proposes Strait Reopening, Awaiting US Military Pressure Reduction

The Strait of Hormuz, a critical channel for global oil shipments, remains a focal point of international tension as Iran and the United States...

EU Lifts Sanctions on Russian Billionaires, Impacting Economic Relations

The European Union has opted to extend sanctions against over 3,000 individuals and entities linked to threats against Ukraine's sovereignty, underscoring its ongoing response...

Italy Projects 3.1% GDP Deficit for 2025, Impacting Economic Outlook.

Italy's ongoing efforts to comply with European Union fiscal rules have encountered a setback, as the country's budget deficit for 2025 has been confirmed...

Meloni Weighs Schlein’s Energy Proposals Impact on Economy and Business

As Italy navigates its path toward a sustainable energy future, a political dialogue is emerging over how best to accelerate this transition. Italian Prime...

ECB Unveils Blockchain System to Enhance Financial Market Connectivity

As central banks worldwide closely monitor the potential of blockchain technology to transform financial transactions, the European Central Bank (ECB) is taking a significant...

De Minaur Boosts Australia’s Economic Impact with Davis Cup Win Over Poland

Australia has made a significant stride in the Davis Cup, overcoming previous setbacks to secure a spot in the penultimate round by defeating Poland...

Energy Market Strains Push Italian Fuel Costs Higher, Impacting Economy

As fuel prices continue to rise globally, Italy is experiencing a notable increase at its petrol stations. This trend is marked by a climb...

Q2 2026: Italy Sees 4% Increase in Residential Property Values

Amidst a backdrop of fluctuating real estate markets across Europe, Italy's housing sector experienced a notable shift in the second quarter of 2026. National...

Luxembourg’s Berton Boosts Local Economy with Pointe du Raz Race Victory

The world of professional cycling witnessed a notable moment in France as Luxembourg’s Nina Berton clinched a significant victory at the Pointe du Raz...