trending Market Intelligence /marketintelligence/en/news-insights/trending/rj-knmtn4ts_4lwerafz6w2 content esgSubNav
In This List

Luxembourg's ruling coalition retains narrow majority after elections

Blog

Post-webinar Q&A: Speed and Scalability – Automation in Credit Risk Modeling

Case Study

A Chinese Bank Takes Steps to Minimize Risks as it Supports International Trade

Blog

Middle East Africa MA by the Numbers: Q3 2021

Blog

Banking Essentials Newsletter: November Edition 2021 - Part 2


Luxembourg's ruling coalition retains narrow majority after elections

Luxembourg's coalition government retained a narrow majority in the country's unicameral parliament following general elections Oct. 14.

Prime Minister Xavier Bettel's Democratic Party, which leads the current ruling three-party coalition, secured 12 seats in the 60-seat Chamber of Deputies. The Luxembourg Socialist Workers' Party won 10 seats while the Greens won nine, providing the coalition with a one-seat majority in the chamber.

The center-right opposition Christian Social People's Party, which had been in power for most of the period since the Second World War until a wiretapping scandal in 2013 resulted in a snap election loss, obtained 21 seats.

Bettel was expected to meet Henri, the grand duke of Luxembourg, on Oct. 15 to discuss the future of the governing coalition, Deutsche Welle reported.