Developing a comprehensive internationalisation strategy means, above all, positioning a HEI, its students, researchers and staff, and national systems in all the relevant activities related to research, innovation and higher education, within the global scene, in accordance with its individual profile and evolving labour market needs and economic strategy of the country.

Any references to Mortgages include both owner occupier and buy-to-let property.

Points out, as regards buildings policy, that Parliament is striving to rationalise the allocation of its existing space and to realise cost savings and economies of scale; points out that the KAD extension project currently under way, the cost of which is estimated at about EUR 549,6 million (at 2016 prices), will allow the geographical concentration of Parliament’s Administration in Luxembourg, and that all other buildings currently rented in Luxembourg will be gradually vacated, thus enabling substantial savings to be made once the project is completed; draws attention to the fact that the financing of this building project might re ...[+++]quire the setting up of specialised legal structures (a special-purpose vehicle), as the Financial Regulation prohibits direct borrowing, and that cost savings could be achieved if this project were to be financed directly from the budget or by means of a direct loan, which clearly shows the need for adjustments to be made to the Financial Regulation in order to guarantee more transparent and more direct implementation of future building projects;

However, Articles 5, 5a and 5b in Chapter I of the VAT Act exempt certain transactions from the scope of application of the VAT Act: sales by certain institutions, organisations etc (10), the supply and letting of real estate or rights to real property, the supply of certain services, amongst others, the supply of health and health related services, social services, educational services, financial services, services related to the exercise of public authority, services in the form of entitlement to attend theatre, opera, ballet, cinema and circus performances, exhibitions in galleries and museums, lottery services, services connected wit ...[+++]h the serving of foodstuffs in school and student canteens, etc (11).

The three main planks of the policy will be to promote access to housing through financial assistance from the State; to create a Housing Observatory; and to support the emergence of pilot projects and new strategy concepts (examination of a sectoral housing plan; study of the conditions for the creation of a partnership between the public sector and owners of unoccupied dwellings; recourse to long-term leases for public promoters; launching of a proposed "social accommodation agency" to help house the disadvantaged).

Other Union priorities which have been allocated funding in the new multiannual financing programming reflect the Union's higher profile on the international scene, the modernisation of the Community's administration and the development of certain internal policies (trans-European networks, research and innovation, education and training, application of new environment-friendly technologies, small and medium-sized enterprises).