BANKS – NO CONCRETE OFFER TO BUY BIL SAYS MINISTER

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keywords: finance, bank, financial security, systemic risk, bil, luxembourg. Since the revelation by Bloomberg last week of the possible sale of Banque Internationale à Luxembourg (BIL) by its Qatari majority shareholder, rumors are going on about the future of this pillar of the Luxembourg economy. To the point that the national representation questions the Minister of Finance Pierre Gramegna. The Minister declared on Friday, May 5, that to his knowledge no offer to buy was made on BIL (and in particular the state share) and that in case of shareholder…

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LUXEMBOURG – GIGALINERS ON OUR HIGHWAYS SOON?

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keywords: road safety, mega-trucks, luxembourg. A gigaliner (mega-truck) is a vehicle that is more than 18.75 meters long and weighs over 44 tons. These huge trucks consist of a truck tractor to which a semi-trailer and a trailer are hung up. They are also called “euro-combis”. Since 2016 Belgium and the Netherlands have authorized the motorway traffic to mega-trucks. The authorization gradually extends to half of the German motorway network. It is in this context that the MP Claudia Dall’Agnol (LSAP) asks the Minister of Sustainable Development and Infrastructure what is/will be in…

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LUXEMBOURG – ARE THE AIRPLANE PILOTS OVERTIRED?

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keywords: aviation safety, cargolux, luxair, luxembourg. Aviation safety is a pillar of our economies, it is a priority in the Grand Duchy as the Minister of Sustainable Development and Infrastructures reminds us in answering two parliamentary questions. Roger Negri (LSAP MP) in the Parliamentary Question 2838 reminds that the Luxembourg pilots working for freight companies declare to work in a state of excessive fatigue. This phenomenon would primarily affect air cargo companies and low-cost carriers. For example, 83 per cent of Luxembourg pilots working for an air cargo company reportedly flew…

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