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Luxembourg backs defence innovation with €150m fund

From Luxembourg Trade & Invest: "The National Defence Fund, presented jointly by Minister of Finance Gilles Roth, Minister of Defence Yuriko Backes and Minister of the Economy, SMEs, Energy and Tourism Lex Delles, will support startups, scaleups and innovative companies operating in the defence and dual-use sectors (technologies with both civilian and military applications). It forms part of Luxembourg's Defence Industry Strategy and will be implemented by the Société Nationale de Crédit et d'Investissement (SNCI), Luxembourg's public banking institution."

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PAPERJAM: Luxembourg: €8.2trn in assets for the first time

From PAPERJAM: "Boosted by funds, insurance and sustainable finance, Luxembourg’s financial centre will record a new phase of expansion in 2025, consolidating its central role in global cross-border investment within an uncertain international environment, according to Luxembourg for Finance (LFF) annual report published on Thursday 26 March."

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Trying to take off: Luxembourg and US seek to revive direct flight

From Luxembourg Times: US Ambassador Stacey Feinberg and Transport Minister Yuriko Backes discuss plans to relaunch non-stop route, 25 years after it was discontinued

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Why the prime minister of this European nation sees Amazon as a partner, not a problem

From GeekWire: At first glance, there aren’t many similarities between the Pacific Northwest tech hub and the small European nation, a financial powerhouse tucked between France and Germany. But we share a few things in common: a strong space sector, a taste for global innovation — and the outsized presence of Amazon in our local economies.

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