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Shimon Peres, Angela Merkel

Luxembourg Pension Fund Pulls Out Of Israeli Banks

Tax Haven No Longer? Luxembourg Resists Change To Lax Regulations

Pressure mounts on Europe’s richest country as campaign against tax evasion heats up.

May 23rd, 2013
Paul Ames
May 23rd, 2013
By Paul Ames

LUXEMBOURG — It's hardly surprising Luxembourg's motto is "We want to stay what we are." Citizens of the Grand Duchy of Luxembourg are the world’s richest by some counts. The World Bank puts their output per head at $107,000, compared to just $50,000 for Americans. However, that may not stay true for long. European leaders are calling for

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