behind the scenes of the Battle of Luxembourg | EUROtoday

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Dince its creation as a Grand Duchy on the Congress of Vienna in 1815, Luxembourg has skilled a number of battles: an tried annexation by Belgium, an tried annexation by Napoleon III, a German invasion in 1914, once more in 1939… And Since then, there was peace. Until this European Council of April 17 and 18. Devil ! The Capital Markets Union is the supreme risk in opposition to which Luc Frieden, its Prime Minister, has led a Homeric battle on a country-wide scale.

Five “great financial powers” ​​– France, Germany, Italy, Spain and the Netherlands – launched the concept in March {that a} Capital Markets Union should lastly be achieved so that non-public financial savings can contribute to the wall funding that stands in the way in which of the Europeans.

Tax can not…