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News review

Government joins private-sector partners in start-up seed fund

The government has joined forces with private sector partners including Banque Internationale à Luxembourg, satellite operator SES and law firm Arendt & Medernach as well as other public bodies in signing a letter of commitment to back the new ICT Seed Fund initiated by the Ministry of the Economy.

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Grand Duchy plans to be at heart of fintech revolution: Luxembourg for Finance

Luxembourg for Finance has set out three central growth ambitions for the Grand Duchy's financial services industry in its LUXFIN2020 report: to consolidate and develop the country's leading role in cross-border financial business; to expand its role as the favored European base for global financial service providers; and to become a leader in digital financial services.

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Fitch reaffirms Luxembourg's triple-A rating

Fitch has reaffirmed its AAA long-term foreign and local currency issuer default ratings for Luxembourg with a stable outlook, along with the issue ratings on Luxembourg's senior unsecured foreign and local currency bonds.

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