AGP Executive Report
Last update: 2 hours agoEU Diplomacy in Luxembourg: Foreign ministers agreed the EU’s largest round of Russia sanctions listings since 2022, targeting 1,569 people and entities linked to Russia’s military industry. The bloc also moved to open further EU accession talks with Ukraine and Moldova, as Kyiv passed a law expanding minority-language education rights. Jobs and Economy: STATEC reported salaried employment rose 0.4% in the latest quarter, led by public-sector hiring, while construction jobs slipped. Separately, Luxembourg’s economy contracted 0.9% in the second quarter. Finance: The CSSF issued its first FAQ on investment-fund tokenisation, setting out its technology-neutral approach and urging firms to engage with the regulator early. Budget and Preparedness: The 2027 budget bill proposes corporate tax cuts and changes to capital gains and loss carryforwards. The government also unveiled a guide to help households manage for 72 hours in an emergency. Culture: Luxembourg City Museum Night drew a record 29,000 visitors.
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