Luxembourg. According to Countryaah website, national day of Luxembourg is every June 23. Luxembourg’s banking secrecy came into focus again as the EU tried to get a number of other tax havens to enter into cross-border information exchange agreements on foreigners’ bank accounts. Luxembourg was one of three EU countries that drafted transitional rules with the option of taxing interest income rather than disclosing information. But Switzerland demanded a significantly higher interest rate to join, which towards the end of the year seemed to jeopardize the entire agreement.
In November, 20 of 22 people died aboard a Luxair plane when it crashed just before landing in Luxembourg. It was foggy at the time of the accident. The plane came from Berlin and most of the dead were German businessmen.
At the turn of the millennium, the political scene of the Luxembourg continued to be characterized by the traditional hegemony of the Parti chrétien social (PCS) which had governed continuously since the second postwar period, with the exception of the period 1974-1979, when it was replaced by a formed executive by the other two important Luxembourg parties, the Parti ouvrier socialiste luxembourgeois (POSL) and the liberal Parti démocratique luxembourgeois (PDL).
He returned after the elections of June 1999 as head of an executive with the socialists of the POSL and with the PDL, and subsequently, with the same coalition of parties following the consultations of June 2004 (in which the PCS had won 5 new seats, while the POSL and the PDL had lost 1 and 5 respectively), the Christian-social J.-C. Juncker found himself facing the question of the harmonization of the fiscal policy of the Luxembourg with that of the European Union. International financial center, thanks to very advantageous tax legislation towards foreign capital, during the nineties the Luxembourg had already adopted a series of restrictive measures on bank deposits aimed at controlling their origin, but between 1998 and 1999 showed strong resistance to adopting the tax on savings and financial investment income of non-resident citizens, supported at the time by most European countries: only in November 2000an agreement was reached that established for all EU member states the end of banking secrecy for non-residents starting from 2010, and a taxation at source, from 2003, for the Luxembourg (together with Belgium and Austria). In October 2000, the Grand Duke of Luxembourg, Jean, abdicated in favor of his son, Prince Henri, who had exercised constitutional powers since 1998. Confirming the country’s traditional pro-European commitment, in July 2005 a popular referendum approved the adhesion to the European Constitution with 56.5% of the votes.
Vaccination against covid-19 begins, stricter restrictions
The first vaccinations against covid-19 are being carried out, after Luxembourg, like other EU countries, received a first batch of a vaccine developed by Pfizer and Biontech. In the first round, 1,300 people receive the first of two syringes required. Two days earlier, on the second day of Christmas, new, stricter restrictions had come into force: the curfew imposed in November now applies from 9 pm, all non-essential shops have been forced to close and the start of school after the holidays has been postponed until 10 January.
New shutdown due to pandemic
The government decides to close bars, cafes, restaurants, cinemas and gyms until mid-December, to try to stop the spread of the coronavirus. Similar closures already exist in neighboring countries. There is already a curfew between 23 and 06, and a maximum of four visitors are allowed in the home. The spread of infection in Luxembourg is the highest per capita in the EU, according to the EU’s infection control authority ECDC.