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Kish
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Kish Industry
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Location:
Western Europe, between France
and Germany
Area:
2,586 sq km (999 sq miles).
Population:
480,222 (CIA estimate 2007).
Capital :
Luxembourg-Ville. Population: 82,000 (2005).
Description:
The Grand Duchy of Luxembourg shares borders to the north and west
with Belgium, to the south with France and to the east with Germany.
One-third of the country is made up of the hills and forests of the
Ardennes, while the rest is wooded farmland. In the southeast is the
rich wine-growing valley of Moselle. The capital, Luxembourg-Ville, is
built on a rock overlooking the Alzette and Petrusse valleys.
Climate:
Warm weather from May to September and snow likely during winter
months. The north (the Ardennes region) tends to be wetter and colder
than the south
Languages:
Luxembourgish (national
language), German (administrative language), French (administrative
language)
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Economy - overview:
Luxembourg is one of the most prosperous countries in Western Europe. Two
very different industries (banking and steel) have historically been the
mainstays of the economy. The steel industry has ceased to be so dominant
as other industries, notably chemicals, rubber, plastics, metal products
and light manufacturing have prospered.
The banking and finance sector is also in a healthy condition: companies
originally attracted to Luxembourg by favourable banking secrecy laws and
low taxation have prospered despite the gradual harmonisation of taxes and
tariffs across the EU. There is also a small but healthy agricultural
sector mainly producing crops.
In 2006, growth was 6.2%, with inflation at 2.7% and unemployment was
4.1%. The Luxembourgeois economy has long been linked with that of
Belgium, initially through the 1921 economic union, supplemented by a
further treaty in 1958 and latterly, by mutual membership of the EU.
Luxembourg was an inaugural adopter of the Euro at the beginning of 1999.
Economy:
Luxembourg is one of the most prosperous countries in Western Europe. Two
very different industries (banking and steel) have historically been the
mainstays of the economy. The steel industry has ceased to be so dominant
as other industries, notably chemicals, rubber, plastics, metal products
and light manufacturing have prospered.
The banking and finance sector is also in a healthy condition: companies
originally attracted to Luxembourg by favourable banking secrecy laws and
low taxation have prospered despite the gradual harmonisation of taxes and
tariffs across the EU. There is also a small but healthy agricultural
sector mainly producing crops.
In 2006, growth was 6.2%, with inflation at 2.7% and unemployment was
4.1%. The Luxembourgeois economy has long been linked with that of
Belgium, initially through the 1921 economic union, supplemented by a
further treaty in 1958 and latterly, by mutual membership of the EU.
Luxembourg was an inaugural adopter of the Euro at the beginning of 1999.
banking, iron and steel, food
processing, chemicals, metal products, engineering, tires, glass, aluminum
Exports:
Machinery and equipment, steel products, chemicals, rubber products and
glass.
Imports:
Minerals, metals, food and quality consumer goods.
• Main trade partners: Germany, Belgium, France, China and UK.
Exchange rates:
Euro (€) = 100 cents. Notes are in denominations of €500, 200, 100, 50,
20, 10 and 5. Coins are in denominations of €2 and 1, and 50, 20, 10, 5, 2
and 1 cents
http://www.worldtravelguide.net/country/152/money/Europe/Luxembourg.html
GDP :
US$34.5 billion (2006).
Useful links:
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