Newsletter December 2013
Following parliamentary elections held on October 20th, a new government led by Prime Minister Xavier Bettel has taken office on December 5th. The Finance Minister in the new government will be Pierre Gramegna, and will act also as the Chairman of Luxembourg for Finance. As the head of the Luxembourg Chamber of Commerce for the last eleven years, Mr Gramegna is a very safe pair of hands at the helm of the Luxembourg financial center and, at the expense of stating the obvious very business-minded.
The ballroom at the Çıragan Palace Kempinski hotel in Istanbul is in a league of its own, for sheer size, for its grandeur and for the breathtaking views over the Bosphorus from its balconies. The Grand Duke and Grand Duchess of Luxembourg were on a State Visit to the Republic of Turkey, accompanied by three ministers and a 100 strong delegation of Luxembourg business men and women.
Over a period of fifty years, the International School of Luxembourg (ISL) has made astonishing progress from its humble beginnings in the dining room of a private home. Offering an international curriculum that culminates with the International Baccalaureate programme, the school’s well-established reputation in Luxembourg goes well beyond its borders. The school now re-organised as non-profit, has grown from a class of seven pupils to a modern place of learning for some 1200 students.