East-West United Bank (EWUB) announces the appointment of Marjorie Brabet-Friel as a member of the Bank's Board of Directors. The Commission de Surveillance du Secteur Financier (CSSF) approved the appointment of Ms. Brabet-Friel on 15 November 2021. As a board member, Marjorie Brabet-Friel will represent the interests of shareholders and (...)
East-West United Bank (EWUB) announces the appointment of Andrey Kolokolnikov as a member of the Bank's Board of Directors.
The Commission de Surveillance du Secteur Financier (CSSF) approved the appointment of Andrey Kolokolnikov on 10 September 2021. As a board member, Mr. Kolokolnikov will represent the interests of shareholders and (...)
8 September 2021
East-West United Bank (EWUB) announces that Sergey Pchelintsev has stepped down as the Bank’s CEO and Managing Director. Mr. Pchelintsev’s decision to leave the Bank has been approved by the Board of Directors effective September 8, 2021.
Jeannot Krecké, Chairman of the Board of Directors stated, “On behalf of the entire Board (...)
East-West United Bank (EWUB) announces the appointment of Mr. David Hagen as an independent member of the bank's Board of Directors.
Mr. David Hagen has been approved by the Commission de Surveillance du Secteur Financier (CSSF) as an independent director and took up his duties on 28 June 2021. As an independent director, Mr. Hagen will (...)
East-West United Bank (EWUB) expands the range of its services. Now Investment Advisory is available for EWUB private banking clients.
Investment Advisory service is gaining popularity all over the world. It is a product for clients who prefer to make their own investment decisions but still appreciate value of professional recommendations, (...)
Despite challenges over the past year, East-West United Bank CFO Martin Pcola sees business accelerating into 2021 as the bank aims to attract clients through new channels and regions.
Read the full article to understand how the Bank adjusted to the impactful last year and find out Mr Pcola's outlook for 2021.
Access to the article [EN] (...)
For the second year in a row, East-West United Bank (EWUB) organized financial literacy lessons for children aged 8-13 years. 60 participants received EWUB Junior Banker certificate.
The aim of the initiative is to stimulate an interest for financial knowledge in children via communication first hand with the financial experts. As children (...)
Dear clients and partners,
We would like to take an opportunity to update you on measures taken by the bank in the face of COVID-19 situation, as well as reassure you of continued bank’s operations and high levels of service.
Firstly, in order to ensure business continuity, we’ve put in place a number of measures that will allow us to provide (...)
What are the options for customers who would like to protect their wealth in a negative nominal and real interest rate environment?
Please read the full version of the article HERE
With the support of East-West United Bank, Kalinka Russian School launches a new joint Russia-Luxembourg educational project “Space Together”.
“Space Together” is a student exchange project between Russia and Luxembourg, which main objectives are development of youth international cooperation, educational activities in the field of space (...)
On 15 September 2019, East-West United Bank (EWUB) held a reception at the Luxembourg Philharmonie to celebrate its 45th anniversary, which gathered more than 300 guests.
The event was attended by the bank's employees, shareholders, as well as by customers, friends and partners of the bank. Among the guests were Prime Minister of (...)
Luxembourg hosted last year the first international golf tournament organized by the East-West United Bank. After the victory of the Russian team in Luxembourg in 2018, the EWUB Golf Cup 2019 was held in Russia for the first time. The format of the amateur competition EWUB Golf Cup is inspired by the Ryder Cup, one of the most prestigious golf (...)
The East-West United Bank (part of PJSFC Sistema Group), registered in Luxembourg, launches a new product - Documentary operations. From July 2019, bank customers can use Letters of Credit, Bank Guarantees and Documentary Collections in settlements with their partners. Thus, East-West United Bank (EWUB) expands its product line and offers its (...)
"We are a unique combination"
East-West United Bank sees itself as a bridge between Europe and the countries of the former Soviet Union. Founded at the time of the Cold War, the bank celebrates its 45th anniversary.
Full interview with CEO/Managing Director Sergey Pchelintsev can be found HERE [DE version (...)
June 12, 2019 marks the 45th anniversary of the East-West United Bank (EWUB) - one of the first international banks in Luxembourg.
The history of the bank began in 1974, when the Grand Duke of Luxembourg signed a decree establishing the EWUB, which for nearly 20 years represented the economic interests of the USSR. Today, a bank owned by (...)
Andrey Zaytsev, Head of Private Banking at East-West United Bank, told Finparty about the secret of Luxembourg’s economic success and why many people choose this country to conduct their financial transactions.
The article is available in Russian only [HERE]
On 25 and 27 April 2019, East-West United Bank will organise financial literacy workshops for children 7-13 years old.
Today, as children actively use money, including making online payments, everyone agrees that it important to teach children at an early age about prudent management of personal finance as well as about risks and (...)
Two years ago, East-West United Bank, registered in Luxembourg, launched the new product East West Direkt - online deposits for individuals. During this time, more than 3 thousand individuals in Luxembourg and Germany placed their assets on savings accounts and deposits with East-West United Bank, which in turn allowed the bank to increase the (...)
Vladimir Evtushenkov, Chairman of the Board of Directors of Sistema PJSFC, shared his point of view with RBC at a forum in Sochi. He discussed the impact of the sanctions on business, disagreements over the sale of Detski Mir company and the importance of competition.
The full article is available in Russian language. [Click] to read the (...)
Romain Gossent, Chief Human Resources Officer, in his interview, published in PaperJam on 26 February, explains how HR department of East-West United Bank uses digital tools to better recruit and retain employees.
He also shares his experience on the challenges concerning the recruitment in the bank.
Original version in French (...)
It is with astonishment that East-West United Bank read in the Luxemburger Wort of March 4, 2019 under the heading "opinions of companies" an advertisement paid for by Loyal Capital Group stating an alleged criminal investigation against the bank and several of its managers.
This was nothing more than paid advertising, inserted and (...)
On Saturday, 19 January, EWUB once again became a proud sponsor of a traditional event, organised by the Russian Club of Luxembourg, Russian Charity Ball. Held under the patronage of Étienne Schneider, Luxembourg’s deputy PM and economy minister and the Russian Ambassador in Luxembourg Victor Sorokin, the ball is a formal fundraiser for Russian (...)
Original article in French - EWUB unit Russes et Luxembourgeois sur le green
At the end of September, East-West United Bank (EWUB) organized a friendly golf tournament bringing together Russian and Luxembourg players in the Grand Duchy. In addition to the services it offers, the bank intended to facilitate in this way the creation and (...)
This year has kept its promises to be a whole new ballgame when it comes to financial regulation. With MiFID II and PSD2 now in force, financial institutions are at a crossroads. How these new rules can help private banks better serve their clients? We are examining the opportunities arising from this environment. Providing transparent and (...)
When it comes to investing, short-term and long-term investments are the most evident strategies that arise. Having to choose between them can at times, prove to be complex, as it is all about finding a compromise between how much risk investors are willing to take and how fast they want their investment to grow. To make a long story short, (...)
L’opposition entre placement à court terme et placement à long terme est une constante dans le monde de l’investissement. Les deux stratégies n’obéissent pas aux mêmes règles et n’offrent pas les mêmes rendements. Autrement dit, sur le long terme, le cours des actions augmente, alors qu’à court terme, une prévision exacte relève quasiment de (...)
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Le mardi 19 septembre, East-West United Bank a accueilli les invités du Paperjam Club au sein de la somptueuse Villa Foch afin de découvrir la subtile association de l’or noir et de la vodka, proposée par Charles de Saint-Vincent de la maison Boutary. (Photos: Maison Moderne)
Source + Photos : (...)
Lancée dans une diversification de ses activités, East West United Bank accélère. La banque russe du Boulevard Joseph II, dirigée par Sergey Pchelintsev, mise davantage sur son activité de banque privée pour relancer sa croissance.
L'établissement arrivé au Grand-Duché dans les années 1970 ne prétend pas offrir un service universel de banque (...)
East-West United Bank is launching East West Direkt - an innovative online savings platform that offers transparent savings products with attractive rates.
East West Direkt is connecting growth with safety!
East West Direkt offers instant-access savings accounts and fixed-term deposits with attractive rates and competitive conditions. East (...)
After a brief tour and introduction into the history of villa Foch, the guests met with Sergey Pchelintsev, CEO of the Bank. In the heated discussion on the strengthening of mutually beneficial cooperation between ABBL and EWUB were involved other EWUB representatives: Andrey Zaitsev, Head of Private Banking,Veronika Vasilyeva, Head of (...)
L’ancien managing partner de PwC Luxembourg devient administrateur indépendant de la banque russe établie au Luxembourg depuis plus de 40 ans.
Depuis qu’il a passé le flambeau à John Parkhouse à la tête de PwC Luxembourg, au 1er juillet 2015, Didier Mouget avait un peu disparu des écrans radars. Tout juste avait-on pu admirer sa jolie résidence, (...)
Mr Mouget holds a Master degree in business and finance and is also a qualified chartered accountant. He has over 30 years professional experience, during this time he occupied various leadership positions in different member firms of the largest accounting network - PWC, in Luxembourg and abroad.
Furthermore, Didier Mouget served as an audit (...)
On 20th June 2016 EWUB has signed a cooperation agreement with Belgian-Luxembourg Chamber of Commerce (CCBLR). In accordance with this agreement, EWUB has become an official member of the Chamber of Commerce with the following advantages: Participation in the events, round tables and conferences, organised by CCBLR; Receiving periodical (...)
Today, we will focus on Russia and interview an influential Russian woman emigrated to Luxembourg : Anna Radishevskaia !
PORTRAIT
Anna Radischevskia came to Luxembourg in 1992 subsequent to the Russian economy crisis. She was transferred from her office administrator post in the Russian Social Services Ministry to occupy the Russian (...)
An exhibition of new paintings by famous Moscow artist, Natalia Grigorieva, called "Beauty in Motion" is open until 30 June at the Russian Centre of Science and Culture (32 rue Goethe, L-1637 Luxembourg).
During the official event vernissage in the presence of the Ambassador of the Russian Federation, Natalia Grigorieva donated to (...)
(JB) Youngsters at Luxembourg's Russian School, Kalinka, held a lively celebration of friendship when they gave an end of year show on Saturday.
Penguins, sailors and national dress were among the fun and colourful costumes worn by the children for the concert, dubbed “Children of the world are friends”, hosted at the Lycée des Arts et (...)
The film festival for children and youth (CineMay) took place in Luxembourg. This kind of event happened for the first time in Grand Duchy. Russian center of Culture and Science and Russian school “Kalinka” were main sites for hosting the festival.
From 2nd to 5th June, audience of all ages and nationalities had a chance to watch Russian modern (...)
May 23, 2016 East-West United Bank had the honor to receive the visit of Minister of Finance Mr. Pierre Gramegna and Mr. Bob Kieffer, LFF Counsellor in Communications.
The meeting took place at the historic Villa Foch that has obviously impressed the guests with its recently restored interior.
Several topics were discussed during this visit (...)
On Saturday, May 28 at 7pm the 11th traditional annual ING Night Marathon started in Luxembourg. East-West United Bank participated in the marathon for the second time.
This year, the bank had been represented by 4 teams: one team of 3 people for a 21km distance (half marathon) and 3 teams of 3 persons for 5km distance "Run for (...)
East-West United Bank was acting as Settlement and Custodian Agent for the Tender Offer of Mobile TeleSystems Public Joint Stock Company
http://www.mtsgsm.com/news/2016-06-24-104789/
On 15 June 2016, Dega Retail Holding Limited (the “Offeror”) launched an offer on behalf, and at the instruction, of Mobile TeleSystems Public Joint Stock Company (...)
On Monday 23 May 2016 Luxembourg's Minister of Finance, Pierre Gramegna, and LFF Counsellor in Communications, Bob Kieffer, visited the East-West United Bank at the historic Villa Foch that impressed the guests with its recently restored interior.
Several topics were discussed during this visit which include a lunch prepared and served by (...)
The Saturday 14 May 2016, the annual performance with the stars of European ballet, "Gala des Étoiles" was held at the Grand Théâtre of Luxembourg City.
The evening presented the opportunity to enjoy the cultural life of the capital and bring together dance lovers and experts, including the clients, partners and employees of the (...)
The Saturday 14 May 2016, the annual performance with the stars of European ballet, "Gala des Étoiles" was held at the Grand Théâtre of Luxembourg City.
The evening presented the opportunity to enjoy the cultural life of the capital and bring together dance lovers and experts, including the clients, partners and employees of the (...)
Annual performance with the stars of European ballet “Gala des Etoiles”, which has already become a good tradition, was held at the Grand Theatre of Luxembourg on 14th May.
This memorable evening was a special occasion in the cultural life of the capital and collected lovers and experts of the art of dance, including clients, partners and (...)
On March 22, the delegation of The Association of the Luxembourg Fund Industry (ALFI), headed by the Chairman of ALFI Mrs. Denise Voss and General Director Mr. Camille Thommes visited premises of East-West United Bank.
The meeting was attended by Jeannot Krecké, Chairman of the Board of Directors EWUB, Sergey Pchelintsev, Managing Director / (...)
A delegation of The Association of the Luxembourg Fund Industry (ALFI), headed by the Chairman of ALFI, Denise Voss, and General Director, Camille Thommes, recently visited the premises of East-West United Bank in Luxembourg city.
The meeting was attended by Jeannot Krecké, Chairman of the Board of Directors EWUB, Sergey Pchelintsev, Managing (...)
On February 4th, 2016, two hundred funds professionals gathered at the European Conference Center Luxembourg for Warren's first event of the year:FundsEvent. For the 7th edition, the topic "Investments in 2030: what does the future hold" was addressed by the passionate international and local speakers who shared their knowledge (...)
On February 3, the delegation of Luxembourg for Finance (LFF), headed by the General Director, Mr. Nicolas Mackel, visited premises of East-West United Bank. The meeting was attended by Jeannot Krecké, Chairman of the Board of Directors EWUB, Sergei Pchelintsev, Managing Director / CEO, Andrey Zaitsev, Director of Private Banking and Anna (...)
On Thursday, Warren will hold its first event of the year: FundsEvent. The topic of the 2016 edition, “Investments in 2030: what does the future hold?”, will gather hundreds of funds and finance specialists around the topic of the changing environment of the funds industry.
The day will start with the Opening Words by Edouard Bokuetenge, (...)
On 27 of January in the cultural center Tramsschapp traditional seminar 10 X 6 "The Future of Luxembourg as a financial center", organized by PAPERJAM BUSINESS CLUB was held.
The top managers of main financial institutions were speaking about the further development and diversification of Luxembourg. During the 6-minute each of (...)
What would be a strong image for an open, dynamic, reliable country? That’s the question being asked at the moment as part of the nation branding process launched in 2014 by the Ministry of Foreign and European Affairs and the Ministry of the Economy, accompanied by the Nation Branding Committee. The Nation Branding Committee invites members of (...)
5th Russian Charity Ball, by right considered one of the most prominent social events in the Grand Duchy, was held on January 16, 2016 in the Cercle Cité.
Russian Ball is not only about dances, it is a ritual. Exceptional solemn atmosphere, beautiful music, etiquette, long dresses, sparkling jewelry and tuxedos provide a great opportunity to (...)
Dear all,
We are pleased to inform you that our UBO Vladimir Evtushenkov gave an interview on January 22, 2016 to one of the main channels of Russia - channel Russia 24.
Small preview:
“Statements that economic model based on hydrocarbon (oil, natural gas and coal) has become outdated is more and more often heard from leading economists and (...)
Dance Gala Concert with the Stars will take place in the Grand Theatre of Luxembourg City. It will take place in Grand Theatre of Luxembourg on 14th and 15th of May.
The event will gather world’s best dancers in a unique show that will steal the hearts of all spectators.
The availability is limited, so we advise you to purchase your tickets (...)
On December 17, EWUB arranged Christmas dinner for its employees before anticipated Christmas holidays. The evening began with a glass of champagne in a historic salon of villa Foch. Managing Director of EWUB, Sergey Pchelintsev, thanked the staff of the bank for their work during this year and wished to all a Happy New Year. The dinner (...)
December 11th, East-West United Bank arranged Saint Nicolas Day celebrations for the children of employees and their families. Little artists from school Kalinka, sponsored since its foundation by EWUB, performed with energetic Russian dances and songs in front of the guests in the historic salons of villa Foch. After that children were (...)
On 28 — 29 of November in Luxembourg there was the International Bazaar. It was attended by the Grand Duchess Maria Teresa together with her daughters-in-law Claire and Tessy.
This edition of the «Bazaar International» was run entirely by volunteers. It is non-commercial and independent and combines the act of fundraising with a stylish (...)
On the night of the 16 of January 2016, the Russian Charity Ball will take place in the most prestigious venue of Luxembourg – The Circle Cite. The Ball is organized under the patronage of the Deputy Prime Minister, Minster of Economics of Luxembourg, E. Schneider and the Ambassador of Russia in Luxembourg H. E. Mark Entin. The date of the (...)
East-West United Bank (EWUB) held a Cocktail and Networking reception at the Villa Foch, mansion on Bld Joseph II in Luxembourg city, on Wednesday evening (18.11.2015).
Informal event for the partners of the Bank was accompanied by exquisite cuisine and champagne. The occasion was organized to express gratitude to the partners of the Bank and (...)
November 13, the official visit of the delegation of the Chamber of Commerce of Luxembourg, headed by the Director Mr. Carlo Thelen, took place on the premises of EWUB. Mr. Thelen met Mr. Martin Pcola, Managing Director / CFO of East-West United Bank, and discussed the new strategy of the Bank and the development of further cooperation with (...)
Jeannot Krecké ne souhaite pas être mis en avant, mais il ne fait aucun doute que l'actionnaire de EWUB compte mettre son expérience à profit.
Wort
Informal event for the partners of the Bank was accompanied by exquisite cuisine and champagne. The occasion was organized to express gratitude to the partners of the Bank and enhance further communication with them.
Also, new management and the strategy of the Bank were presented.
Jeannot Krecké, former Minister of Economy and Foreign (...)
The East West United Bank (EWUB) held a reception at the Villa Foch, its headquarters on Bld Joseph II in Luxembourg city on Wednesday evening.
Jeannot Krecké, former Minister for the Economy and Foreign Trade, spoke about developing relations between Luxembourg and Russia, and announced his appointment as Chairman of EWUB in Luxembourg; he (...)
Aujourd'hui l'internationalisation de la place financière luxembourgeoise est une réalité. Elle a débuté dans les années 1970, alors que la sidérurgie commençait à montrer de premiers signes d'essoufflement. De nombreuses banques étrangères esquissent alors une implantation sur le Grand-Duché (allemandes, suisses, américaines ou scandinaves). (...)
Luxembourg Brazil Business Council, Luxembourg Russia Business Chamber, Indian Business Chamber of Luxembourg and CHINALUX have joined forces to host the panel discussion and dinner aimed at exploring the business opportunities between BRIC countries and Luxembourg.
Hosted at Utopolis cinema in Kirchberg on October 20th, the event began with (...)
TechESL Orientation Bootcamp is a three-day orientation program with a final Judgment Day competition, held one week after the workshop.
The objective of the workshop is to provide an intensive orientation for new MICS graduate students to brush up their English language skills and develop a close relationship with other incoming students. (...)
More than 250 people attended the first day of the workshop of the eighth season of the Paperjam club, held on Thursday, September 17, in Neimënster. From our Bank Jennifer Cunningham (Head of HR & Internal Communication) and Valeriya Pichurina (Department of Marketing & PR) participated in the (...)
The Bank's management efforts to build a new team and master its key competitive advantages – a strong capital base, a unique blend of experience and understanding of Russian and European businesses and financial systems and capabilities of its international team – have secured the Bank's capacity to perform in the future.
Following (...)
Luxembourg has been placed 25th out of 140 countries around the globe, and 11th in Europe, in a liveability ranking carried out by the Economist Intelligence Unit.
The ranking assesses 30 factors in five categories – stability (25 percent of total), healthcare (20 percent), culture and environment (25 percent), education (10 percent) and (...)
People who like to have quick access to statistics and facts have been given a helping hand by Luxembourg’s government press office which has created a fun fact sheet.
Luxembourg 2015 contains 14 pages of facts and statistics about the Grand Duchy, from the number of inhabitants to its year of independence and size.
The fact sheet was (...)
International rating agency Standard & Poor’s raised the outlook on the long-term rating "BB" of JSFC Sistema in foreign currency from negative to stable.
The change of outlook reflects the successful resolution of the case related to the oil company "Bashneft ", says S & (...)
(CS) Fitch Ratings has kept its AAA rating of Luxembourg with a stable outlook unchanged, leaving the Grand Duchy one of only nine countries worldwide to hold the top rating by the three leading agencies.
Luxembourg has also been rated AAA with a stable outlook by Standard & Poor’s and Moody’s. This makes the country part of an exclusive (...)
Evtushenkov: “We’ve passed not the peak of the crisis, but only the peak of the tension from the shock ”.
15:14 18.06.2015 http://www.vestifinance.ru/videos/22410
Current situation
We don’t have the luxury to assume that the peak of the tension has passed and we can relax. We’ve only passed the peak of the tension from the shock.
Our partners (...)
To access full version of the interview in English, please follow the link
EWUB birthday coincides with the day of National Independence of Russia. The act of the foundation of East-West United Bank in Luxembourg was signed on June 12, 1974.
This year EWUB celebrated its 41st anniversary in the "family circle”. The event brought together the bank’s employees and their families. Everyone found something for (...)
Reception on the occasion of National Day — the Day of Russia — was held on 11 of June 2015 at the Embassy of the Russian Federation in the Grand Duchy of Luxembourg. Representatives of the authorities, the business community, civil society, educational and cultural organizations, the diplomatic corps, art circles, Russian compatriots attended (...)
Today is a public holiday, the Day of Russia. Celebrations will be held across the whole country. President Vladimir Putin will grand state awards, and the visitors of the Red Square and millions of television viewers will be able to see a large-scale historical show "From Old Russia to Modern." The show will be attended by 1,300 (...)
Anna Radishevskaia, Head of Marketing and PR of East West United Bank, answered the question of editors from the business magazine PaperJam 2 (June 2015)
Years of experience in Luxembourg, the Russian roots and knowledge of the markets of the CIS countries and Eastern Europe make an evident contribution of EWUB to diversification of the Grand (...)
On Saturday, May 30 at 7 pm the 10th anniversary ING Night Marathon took place. The race was attended by more than 11, 000 people, including 3 teams from the East-West United Bank. Our bank was represented by Svetlana Fedotova, Jennifer Cunningham, Yulia Gudkova, Marina Petrenko, Madalina Mustatea, Mihail Iampolski, David Gatti, Serge Remy and (...)
Luxembourg reached the top ten, jumping from 11th to 6th place of the World Competitive-ness Yearbook, thanks to improvements in business efficiency and more positive economic outlook in the country.
The rating includes 61 countries in total, and is carried out by the Swiss International Institute for Management Development. This year results (...)
On May 30th, 2015 EWUB for the first time will participate in the team evening run, which has been organised for the second year as part of a large ING marathon. 3 Teams combining of 9 employees in total will run 5 kilometers along the main marathon route starting from the parking Konrad Adenauer in Kirchberg and finishing at Luxexpo.
The (...)
Anna Radishevskaia runs the Kalinka Saturday Russian school, which has just celebrated its fifth anniversary. Having come to Luxembourg in 1992 to work for the European Parliament, she now works in the East West United Bank (which also partly finances the school), while spending a large proportion of her free time managing this school (...)
The Anniversary Celebration Concert prepared by the teachers and students of the school was held on Sunday 8 March at the cultural center Tramsschapp in Limpertsberg.
Not only the pupils and their parents came to congratulate the school, but also those who were at the origins of its creation, who helped and is helping to create the conditions (...)
On February 12th Head of Marketing and PR of East West United Bank Radishevskaia Anna took part in a seminar dedicated to communication strategies. Pascale Kauffman (Apollo strategists) was the speaker of the event. She shared her rich experience about the development and implementation of approaches and how to narrow audience of customers. (...)
Dance Gala Concert with the Stars will take place in the Grand Theatre of Luxembourg City during the two days: Friday, 15th May 2015 and Saturday, 16th May 2015.
The event will gather world’s best dancers in a unique show that will steal the hearts of all spectators. This is a rare opportunity to see the great tradition of classical and (...)
On January, 29th the Conference on new Russian de-offshorisation rules took place in the Luxembourg Chamber of Commerce and Luxembourg — Russia Business Chamber organized this meeting. Another session was organised in Russian language at East West United Bank ’s permises on 30th of January.
The reports were given by Mrs. Ekaterina Lazorina, (...)
The 4th annual Russian Charity Ball was held at the Cercle Cité in Luxembourg city centre on Saturday evening, organised by the Russian Charity Ball in Luxembourg asbl.
The event is considered an essential event in the Russian community in Luxembourg and traditionally coincides with the feast of the Orthodox New Year. It is a unique event of (...)
On 16 January 2015, the rating agency Fitch confirmed Luxembourg’s AAA rating with stable outlook. Luxembourg continues to benefit from the best credit rating from the three major rating agencies: S&P, Moody’s and Fitch.
Fitch notes in particular the favourable economic trends in the country, with a higher average growth in the euro area. (...)
Frist of all, we would like to wish "Merry Christmas!" to everybody celebrating it on this day!
The Julian calendar, introduced by Julius Caesar in 46 BC (708 AUC), was a reform of the Roman calendar. It took effect in 45 BC (709 AUC), shortly after the Roman conquest of Egypt. It was the predominant calendar in the Roman world, (...)