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Luxembourg News

High unemployment in eurozone

Luxembourg, Feb 2 (IANS/DAPD) The economic slowdown in Europe has kept unemployment in the eurozone at a record high.

 
ArcelorMittal to close parts of Belgium plant

Luxembourg, Jan 24 (IANS) ArcelorMittal, the world's largest steel producer, Thursday announced it will close a coke plant and six production lines in its Liege facility in Belgium as demand has weakened further in Europe.

 
IMF forecasts not etched in bronze: Spain

Luxembourg, Oct 10 (IANS/EFE) The International Monetary Fund's forecast that the Spanish economy will shrink by an additional 1.3 percent in 2013 is "not etched in bronze", the Iberian nation's economy minister said here Tuesday.

 

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