Submit Article

Dubai Properties

Construction Updates

Properties in UAE

Country Profile

Property Listing

Resources

Luxembourg

Capital Luxembourg
Area Sq Km 2 586
Area Sq Miles 998
Population 422 000
Languages Lutzeburgish, German, French
Religions Roman, Catholic
Currency Franc, Euro
National Day

Luxembourg

<bgsound style="margin:0px;padding:0px;" src='/gowealthy/wcms/en/home/countries/Luxembourg-071020.avsFiles/National Anthem/luxembourg.mid' autostart="false" width="200" height="15" />
Play national anthem
Economy Overview
Luxembourg is one of the most prosperous countries in western Europe. Two very different industries - banking and steel - are the mainstays of the economy. The steel industry no longer relies on indigenous iron ore supplies, which are now imported, and accounts for one-third of manufacturing output; the remainder is devoted to chemicals, rubber, plastics, metal products and light manufacturing (textiles and paper). However, steel-making is in long-term decline and has to a large extent already been supplanted by other manufacturing industries producing, for example, computers and audio-visual equipment. Banking is less important as an employer, but more valuable in terms of its contribution to national output. Favourable banking secrecy laws and minimal taxation continue to ensure steady growth in the sector. Other financial services, particularly insurance, have also been attracted to Luxembourg in the last few years. There is also a small but healthy agricultural sector mainly producing crops. The economy has long been linked with that of Belgium, initially through the 1921 economic union which has been strengthened by a further treaty in 1958 and latterly, mutual membership of the EU. Belgium is the largest single trading partner, followed by France.
Government
The Grand Duchy of Luxembourg is a hereditary and constitutional monarchy. The 60-member unicameral Chamber of Deputies has legislative power, and members are directly elected to serve a five-year term. Executive power is formally in the hands of the Grand Duke, but is in practice wielded by the Council of Ministers.

Articles related to Luxembourg


Attractions in Luxembourg City

The old city of Luxembourg has many attractive delights for the visitors. From ancient fortifications to museums, parks, nightclubs, art gallaries, the charms are endless.


This article was viewed 1760 time(s)

Viticulture in Luxembourg

The Luxembourg vineyards cover the sunny hillsides along the Moselle from its arrival from Lorraine, at Schengen, to its departure to Germany at Wasserbillig. Viticulture in Luxembourg is thousands of


This article was viewed 1123 time(s)

Castles in Luxembourg

Luxembourg's turbulent past remains alive through the impressive number of chateaux. Castles are a characteristic of the Luxembourg landscape.


This article was viewed 1514 time(s)

Moselle Valley - the vineyard paradise

The Moselle Valley, just east of Luxembourg City, produces a wine that many connaisseurs rate as among the best vintages produced along this tributary of the Rhine.


This article was viewed 2190 time(s)

Exotic wines of Luxembourg

The fame of the Luxembourgish wines is matched only by the reputation of the national cuisine which has become an institution in itself.


This article was viewed 1187 time(s)

The spa town of Mondorf-les-Bains- Luxembourg

Protected from the winds by the surrounding hills, Mondorf-les-Bains is a thermal and tourist station with a favourable climate. Thousands of visitors come every year to enjoy the verdant surroundings


This article was viewed 1565 time(s)

Cities of Luxembourg

Luxembourg is an exciting place to be discovered. Cities housing age-old castles and monuments, museums preserving the history of the region, breathtaking scenary, rolling hills and beautifu


This article was viewed 1658 time(s)

Traveling to Luxembourg

Here are a few tips to help you plan your trip to Luxembourg in an organised manner The currency of Luxembourg is euro and its best to exchange currency at a bank


This article was viewed 1077 time(s)

Nightlife in Luxembourg

Luxembourg has a very lively nightlife with lots of nightspots, pubs, dance clubs, bars, discothèques and cinemas promising excitement and entertainment.


This article was viewed 1552 time(s)

Visiting Luxembourg

Luxembourg has a moderate climate, with less annual rainfall than either Belgium or the Netherlands, since North Sea winds have usually shed their tears before they get this far inland.


This article was viewed 1140 time(s)