E-Magazine June 2014
State-of-the-art IT infrastructure, highly-skilled professionals in financial and IT services, responsive authorities, competitive and stable taxation as well as the innovative international character of the Luxembourg financial centre make the country an ideal hub for electronic payment activity in the EU's single market.
Set to open on 17th September, the Luxembourg Freeport which aims at being a base at the heart of Europe for the storage, handling and trading of fine arts, wine, precious metals or other collectibles, will be the first of its kind in the European Union. LFF talked to David Arendt, Managing Director of the Luxembourg Freeport, about this strategic project and its long-term benefits for the Luxembourg financial centre.
Among this year’s crop of Academy Award nominees for Best Animated Short was a 3D heart-warming animated tale of a withdrawn “Mr Hublot”, an OCD character made of mechanical parts scared of the outside world but who soon sees his world turned upside down when a very invasive robot pet moves in with him. Snatching it from the favourite, Disney’s “Get a Horse!”, this joint Franco-Luxembourg production written by Laurent Witz and co-directed by Alexandre Espigares marked Luxembourg’s first Oscar® win ever, showing that Luxembourg has more to offer than an international financial centre.