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Coronavirus: Impact on the Luxembourg economy

03-07-2020

In line with large parts of the world, the coronavirus epidemic and the related lockdown measures put in place in Luxembourg have considerably impacted the country’s economy. The government has mobilised massive resources to support business, and the national statistics institute forecasts that the 2020 recession will be followed by substantial growth in 2021.
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Luxembourg: Effective management of the COVID-19 health crisis

02-07-2020

A total of 110 coronavirus-related deaths, no new COVID-19 victims since 26 May and, in spite of massive testing, new infections detected per day since mid-May counted in single or double digit numbers: Luxembourg seems to have been successful in its attempts to curb the epidemic.
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Take your bike to Luxembourg this summer

01-07-2020

Luxembourg might be a small country, but it has a wide variety of nature with breath-taking scenery that can best be enjoyed by foot or by bike. Several initiatives make it even more fun and easy to discover Luxembourg by bicycle this summer.
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Luxembourg one of Europe’s innovation leaders

26-06-2020

The European Innovation Scoreboard, published by the European Commission, ranks Luxembourg among the EU’s innovation leaders. The main reason is the country’s attractive and efficient research ecosystem.
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Luxembourg featured at major Korean start-up event

24-06-2020

Luxembourg was in the spotlight at NextRise 2020 Seoul, a major start-up conference and exhibition held on 23-24 June. A dedicated session presented Luxembourg’s commitment to enabling innovation and the country’s strategy for boosting digital innovation.
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European DESI Index: Luxembourg in 10th position

12-06-2020

The Digital Economy and Society Index (DESI), measured by the European Commission since 2014, is a good indicator of the progress made by Member States in the digital domain. Luxembourg is well above the European average, particularly in the area of connectivity where it ranks 3rd.
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Cost of living: Luxembourg remains affordable

11-06-2020

Luxembourg is renowned for its high quality of life, but remains affordable for expatriates. The 2020 edition of Mercer's Cost of Living ranking only places the capital in 83rd place.
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A new centre for technology development

05-06-2020

In 2019, Luxinnovation supported a growing number of international companies opening offices in Luxembourg. One of them, HighSide, has chosen Luxembourg
as a centre for developing its highly secure messaging and files platform that protects users against phishing, spoofing, mass data breaches and insider threats.
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Luxembourg 7th most resilient economy in the world

28-05-2020

The ability of a country's business environment to withstand disruption and recover strongly is crucial for the individual companies that operate there. Luxembourg ranks as the 7th most resilient economy in the world, in particular due to its strong economy.
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University of Luxembourg develops COVID-19 exit strategy simulator

26-05-2020

Experts at the University of Luxembourg have developed an online tool to simulate the impact of COVID-19 exit strategies. This unique project offers a method for modelling the impact of different measures on the spread of the disease in almost 100 countries around the world.
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COVID-19: The impact on clean technologies

22-05-2020

Will the effects of the COVID-19 pandemic stimulate cleantech innovation and the uptake of environmentally friendly technologies, or will it bring cleantech investment to a standstill? This question was debated at the Cleantech Interactive session organised on 19-20 May 2020 in collaboration with Luxembourg partners.
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15 innovative start-up projects to combat COVID-19

15-05-2020

15 Luxembourg start-ups will receive €150,000 each to develop innovative solutions aimed at combatting the effects of the COVID-19 pandemic crisis.
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Coronavirus bailouts: Luxembourg among the most generous

12-05-2020

Many countries have launched rescue packages to help alleviate the economic consequences of the coronavirus-related lockdown. A recent article by the BBC lists Luxembourg's economic stabilisation programme as one of the most important in the world.
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Luxembourg residents on living in the European Union

11-05-2020

On the occasion of the Europe Day 2020 - 9 May - Luxembourg residents give their take on what living in the EU means to them. A brief video entitled "Europe - Different Together" summarises the views of native Luxembourgers and international residents.
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Cleantech Forum goes interactive

04-05-2020

This year’s edition of the Cleantech Forum Europe, to be hosted in Luxembourg, has been postponed to 7-9 December 2020. Until then, a series of monthly online events will explore ideas and innovations that will help us accelerate the transition to a cleaner world. The first one, “Innovating for Resilience”, will be held on 19-20 May. Luxembourg remains a key partner.
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Public-private research partnerships to combat COVID-19

29-04-2020

Shortly after the outbreak of the pandemic, the Luxembourg National Research Fund (FNR) launched a call for research projects addressing the current and future challenges of COVID-19. The call is now open to public-private partnerships, thus making it possible for Luxembourg-based enterprises and research organisations to join forces in order to combat the disease.
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Combining technology and insurance for a better life

28-04-2020

A graduate of Luxembourg’s start-up acceleration programme Fit 4 Start, OKO combines satellite data and mobile phone technology to provide affordable and accessible crop insurance to farmers in Africa. An innovative business model that promotes both climate resilience and financial inclusion.
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From spin-off to technology platform: the MPG story

22-04-2020

Take a completely unique molecular plasma technology and combine it with a visionary team. Place them in a nurturing national ecosystem, and you have the main ingredients of the success story of Molecular Plasma Group. The Luxembourg start-up is about to make a major international breakthrough.
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Luxembourg 2nd leading green finance centre in the world

20-04-2020

The Global Green Finance Index places Luxembourg in 2nd place worldwide for the depth of its green finance. In terms of quality of green finance, the country ranks 6th in the world.
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COVID-19 crisis: Luxembourg remains a committed start-up nation

16-04-2020

Luxembourg’s commitment as a start-up nation stands firm, also during the coronavirus pandemic. A number of initiatives are being launched to help start-ups continue their activity and use their innovation capacities to help alleviate and overcome the health and economic crisis.
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Luxembourg 18th most competitive financial centre in the world

16-04-2020

The March 2020 edition of The Global Financial Centres Index ranks the country 18th in the world and 7th in Western Europe. In the global ranking, the country progresses by seven places compared to the previous year. Luxembourg is considered as the world leader in the field of insurance.
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Luxembourg maintains AAA credit ranking

14-04-2020

Moody’s has confirmed Luxembourg’s AAA first-class rating, in spite of the hit that the economy is expected to take due to the lockdown imposed by the COVID-19 pandemic.
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Cleantech Forum Europe: new format, old and new dates

06-04-2020

Due to the outbreak of the COVID-19 pandemic, the format of the 2020 Cleantech Forum Europe had to be modified. A virtual programme will be offered on the original event dates, 18-20 May, and will be followed by a first-ever end-of-the-year festive Cleantech Forum in Luxembourg on 7-9 December.
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Luxembourg start-up Doctena offers remote medical consultation solution

06-04-2020

In view of the urgent need to restrict face-to-face meetings as much as possible due to the COVID-19 pandemic, the Luxembourg government is allowing remote medical consultations during the time of the crisis. Reacting quickly, Luxembourg start-up Doctena has added a video conference module to its leading online platform for booking medical appointments.
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Luxembourg lab develops COVID-19 test kit

05-04-2020

Siemens Healthineers has announced the availability of its molecular Fast Track Diagnostics SARS-CoV-2 Assay test kit, which can help diagnose people infected by the virus that causes the COVID-19 disease. The test kit, which allows identification of the virus in less than three hours, has been developed by Siemens Healthineers’ Luxembourg-based daughter company Fast Track Diagnostics.
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ArcelorMittal develops 3D-printed ventilator prototype

01-04-2020

Many companies are currently using their innovative capabilities to help alleviate the COVID-19 sanitary crisis. The R&D team of ArcelorMittal has developed a protoype for a 3D-printed ventilator which, if successfully tested, could be produced rapidly.
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COVID-19: Mobilisation of R&D at all levels

01-04-2020

Faced with the global COVID-19 pandemic, institutional and private players in research, development and innovation are stepping forward. The first results are already tangible.
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Luxembourg Trade & Investment Offices remain open

27-03-2020

Despite the restrictive measures put in place in a high number of countries across the world to combat the COVID-19 pandemic, all Luxembourg Trade & Investment Offices remain open to companies interested in finding out more about doing business in and with Luxembourg.
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Luxembourg launches unprecedented economic stabilisation programme

27-03-2020

In response to the economic challenges arising from the coronavirus crisis, the Luxembourg government announced on 25 March 2020 the launch of a massive stabilisation programme for the national economy. Measures for a total of €8.8 billion will help companies face the immediate shortage of cash and maintain employment.
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Fit 4 Start - Edition #10 postponed

20-03-2020

Luxinnovation and the Luxembourg Ministry of the Economy regret to announce the postponement of the spring 2020 edition of the Fit 4 Start programme.
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