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...
In the second quarter of 2026, Italy's economy experienced modest growth, with its Gross Domestic Product (GDP) increasing by 0.2% compared to the previous quarter. This growth aligns with earlier estimates and marks a 1.0% year-on-year increase in GDP. The positive economic performance was primarily driven by a 0.2% rise in both household and nonprofit consumption, as well as gross fixed investment.
During this period,...
According to the latest Eurostat data, Luxembourg is trailing in the European Union when it comes to renewable electricity consumption in 2025. Despite the...
Luxembourg is grappling with its first nationwide drinking water alert as prolonged high temperatures and insufficient rainfall have led to increased water consumption and...
The requirement for some employees to work at Amazon's Kirchberg site during Luxembourg's National Day public holiday on June 23 has drawn criticism from...
