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Asian cities top the list of the most expensive places to live in 2019: Hong Kong, Tokyo, Singapore and Seoul are on the first four places, followed by Zürich in Switzerland. Ranked 71th in 2018, Luxembourg is 84th this year – not necessarily an indication that costs here have gone down, but possibly that costs have increased more in other places.

Mercer’s study of the cost of living includes over 200 cities across the world. It is based on parameters such as the price of rent, food, transport, tobacco, services and health care. The objective is to demonstrate how currency fluctuation and shifts in the prices of goods and services can affect the purchasing power of expatriate employees.

Most expensive European cities

Three Swiss cities are considered as the most expensive in Europe. Zurich, Bern and Geneva. Copenhagen, London, Dublin, Milano, Paris, Vienna and Rome are also on the top 10 list. Luxembourg only just about makes it into the European top 20.

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Luxembourg technology powers unique water treatment plant in Sweden

15-07-2019

Facing a lack of drinking water, the Swedish municipality of Mörbylånga has invested in a pioneering water treatment plant. The plant's ability to treat different streams of water, including pre-treated industrial water, is made possibly by technology provided by Luxembourg cleantech innovator APATEQ.
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Luxembourg launches open source data lake for space analytics

11-07-2019

As of 10 July 2019, Luxembourg is home to one of the world's largest data lakes for space data analytics. Spire Global, one of the world's largest space-to-cloud analytics companies, launches its open source data lake that is accessible free of charge to all start-ups, research institutes and public agencies in Luxembourg. The initiative is co-funded by the Luxembourg Space Agency.
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Fit 4 Start goes into space

08-07-2019

For the first time since its launch in 2015, the acceleration programme for innovative companies managed by Luxinnovation offers tailor-made support to five start-ups active in the space sector. The selected companies will be able to access Earth observation data provided by the Luxembourg Space Agency (LSA) data centre.
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Luxembourg to process big data for improved road safety

28-06-2019

In June 2019, the EU Data Task force launched “Data for Road Safety”, a 12-month proof of concept designed to improve road safety by sharing data generated by vehicles and infrastructure between countries and manufacturers. Luxembourg will manage, process and aggregate big data to be used for issuing safety-relevant traffic information to road users.
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Luxembourg has Europe’s most attractive research system

26-06-2019

Luxembourg’s overall innovation performance ranks 5th in the 2019 edition of the EU’s European Innovation Scoreboard. The country comes out on top in the sub-category Attractive research systems.
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