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luxembourg

ADB and Luxembourg discuss boosting partnership

2 mins read

The FINANCIAL — Asian Development Bank (ADB) President Masatsugu Asakawa and Luxembourg Minister of Finance and ADB Governor Pierre Gramegna in a call today discussed the ADB–Luxembourg partnership in Asia and the Pacific and responses to the coronavirus disease (COVID-19) pandemic. “ADB highly values its partnership with Luxembourg, which has shown strong support through its funds at ADB for Asia’s financial development and carbon markets,” Mr. Asakawa said. “Given the challenges posed by the COVID-19 pandemic, I hope we can expand our partnership in these and other areas of mutual interest.” Mr. Asakawa said that a resilient, functional, and innovative…

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ADB and Luxembourg discuss boosting partnership

2 mins read

The FINANCIAL — Asian Development Bank (ADB) President Masatsugu Asakawa and Luxembourg Minister of Finance and ADB Governor Pierre Gramegna in a call today discussed the ADB–Luxembourg partnership in Asia and the Pacific and responses to the coronavirus disease (COVID-19) pandemic. “ADB highly values its partnership with Luxembourg, which has shown strong support through its…

Deutsche Bank Luxembourg announced management changes

3 mins read

The FINANCIAL — Deutsche Bank today announced a number of changes in the supervisory and management bodies of its subsidiary Deutsche Bank Luxembourg S.A., the Management of Deutsche Bank AG Luxembourg branch and the Country Management for Luxembourg. These will take effect at the turn of the year. Frank Krings, CEO of Deutsche Bank Luxembourg…

Luxembourg became the first country with free public transport

5 mins read

The FINANCIAL — Luxembourg became the first country to make public transport free for the entire nation. The strategy aims to reduce the gap between rich and poor, and to reduce congestion. The price of the project is €41m (£35m; $44m) in lost ticket fares. The country of 620,000 people, stopped selling tickets on its…