Nestled in the heart of Europe between Belgium, France and Germany, the Grand Duchy of Luxembourg has always valued international cooperation as a means to achieve peace and prosperity. Luxembourg is a founding member of the Benelux, the European Union, the OECD, the United Nations and NATO, reflecting our desire to foster political consensus in favour of economic and political integration.
Luxembourg hosts a significant number of key institutions and agencies including the Court of Justice, the Court of Auditors, the European Investment Bank, the European Stability Mechanism, a number of European Commission services and the secretariat of the European Parliament. Luxembourg was the birthplace of prominent figures including Robert Schuman, one of the founding fathers of European unity.
Today we serve an international client base, which has enabled our country to develop a vibrant, thriving economy. Our market extends far beyond our own borders. With the free movement of goods, capital, services and people, we have always been well placed to help international companies gain a foothold in the European Single Market. The economy of the European Union generates a GDP of about €14.3 trillion and counts 500 million consumers.