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Luxembourg

The Luxembourg financial sector comprises 154 credit institutions from 26 different countries holding Balance Sheet assets of over EUR 843 billion as at 30 September 2006. The country represents the first International Private Banking centre in the Euro-Land and the second largest Investment Funds industry after the USA and ranks eighth among the largest financial centres in the world. The Luxembourg financial sector provide high investor protection


Area: 2,586 sq km / Population: 474,413 / Median age: 38.7 / Life expectancy: 78,89 / Languages: luxembourgish, german, french / Government type: constitutional monarchy / Independence: 1839 / GDP purchasing power: 32.6 billion / GDP growth rate 5.7 % / Labor force: 203,000 / Unemployment rate: 4.1 % / Inflation rate: 2.6 %


.... Euro (EUR)

The euro is the currency of 13 European Union countries




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