Luxemburg | EUNewsletter

Luxemburg – a small financial giant

Luxemburg can boast with the highest living standard rates in Europe and worldwide. Despite its small territory, it is an immense financial center where numerous international banks and financial institutions are represented. About 1000 investment funds and over 200 banks are located in the capital. These figures easily distinguish Luxembourg from any other country in the world. Luxembourg is also one of the founding members of the European Union. A number of EU institutions and organisations including the European Court of Justice and the European Investment Bank have their seats in Luxembourg .