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Luxembourg's National Recovery and Resilience Plan (NRRP) was initially to be financed by the Recovery and Resilience Facility (RRF) with a total of €93.4 million in grants. This allocation accounted for around 51 % of the total estimated value of the Luxembourgish NRRP (€183.1 million). A further 46 % of the costs are to be covered by the national budget, and 3 % from other EU co-financing. Under the RRF Regulation, Member States can request RRF loans until 31 August 2023; Luxembourg has not done ...

While Luxembourg is one of the smallest EU Member States in terms of size and population, it is a major European and global financial hub, which plays a key role for investment flows across the EU and provides banking and insurance services to businesses and households. At the same time, Luxembourg has been criticised for its corporate tax framework, which businesses or high net-worth individuals may be employing for abusive tax purposes. In particular, following on from the 'Luxleaks' files, which ...

The EU's binding climate and energy legislation for 2030 requires Member States to adopt national energy and climate plans (NECPs) for the 2021-2030 period. In October 2020, the European Commission published an assessment for each NECP. Luxembourg's final NECP is from May 2020. Luxembourg generates 0.34 % of the EU's total greenhouse gas (GHG) emissions and has reduced emissions at a slower pace than the EU average since 2005. Most economic sectors showed emissions reductions in the 2005-2019 period ...

Freeports are conducive to secrecy. In their preferential treatment, they resemble offshore financial centres, offering both high security and discretion and allowing transactions to be made without attracting attention of regulators and direct tax authorities. This study argues that the legal anti-money laundering and tax evasion framework in place in the EU (and elsewhere) is only partially effective in combatting money laundering and tax evasion.

This study maps the rules on independence and responsibility that are applicable at national, EU, and international level that govern the service provision by intermediaries such as companies working in auditing, tax advice, accountancy and account certification or by legal advisors (attorneys, solicitors, legal consultants, in-house lawyers, etc.). The mapping forms the basis for policy recommendations to encourage intermediaries to deliver a positive contribution to combatting tax evasion, tax ...

IIn its early years, the European Parliament held its plenary sittings in different locations, made available by other institutions or by the host countries. It was only in 1973, with the construction of the Schuman Building in Luxembourg, that the Parliament finally had its own premises with a hemicycle (debating chamber) for its plenary meetings. Planned in the 1960s, with construction starting in 1970, the initial plans had to be adjusted to accommodate the expected enlargement of the Communities ...

Luxembourg will hold its 12th Presidency of the Council, concluding the Italian-Latvian-Luxembourg Trio Council Presidency in the second half of 2015. Luxembourg last presided over the Council of the EU in 2005. The official programme of the Presidency will be presented to the Conference of Committee Chairs by Nicolas Schmit, the Minister of Labour, Employment and the Social and Solidarity Economy on 9 June, and by Prime Minister Xavier Bettel to the Parliament on 8 July. Minister Schmitt will be ...

Upon request of the LIBE committee, this study looks at the situation of children with disabilities in Luxembourg to identify the gaps in the legal framework and its implementation, the obstacles faced by children with disabilities and best practices. This country study is part of a larger study which analyses all the 28 Member States. In the first phase of the study, a comparative analysis has been drawn based on 18 of the country studies. In the second phase of this study, the situation in the ...

The policy package “A Clean Air Programme for Europe” includes a proposal for a revision of the Directive on National Emission Ceilings. The objective of the proposal is to further reduce the impact of air pollution on human health, taking into account the latest advice issued by the World Health Organisation. The acompanying impact assessement examined various emission reduction scenarios regarding their impacts and cost effectiveness. These underlying building blocks are qualitatively analysed ...

This study examines budgetary resources for Pilot Projects (PPs) and Preparatory Actions (PAs) in 2000-2008 and the outcome of PPs and PAs that have come to an end in this period. While the activities of the majority of PPs that ended during this period were continued in some form, 40% of them were nevertheless abandoned; the activities of only 16% of PAs were abandoned.