Why Luxembourg? - The American Chamber of Commerce ...

3.1.
Luxembourg’s general advantages
Luxembourg, a tailor-made business location
A historic role in Europe
• Founding member of the European Union, OECD, Council of
Europe, etc.
• Leading role in several European institutions.
• Jean-Claude Juncker, Luxembourg Prime Minister, is the longest
serving head of government in the EU and is President of the
Eurogroup of eurozone finance ministers.
A strategic location
• Direct access to major European markets (Germany, France, Belgium,
etc.) and distribution networks.
• A high level of cross-border trade and employment.
In Europe, Luxembourg
is one of the countries
with the lowest number
of working days lost
through industrial action.
A politically stable country
• A constitutional monarchy with a stable
political environment.
• A political culture of consensus, with
continuity in policy initiatives.
Source: The European Industrial Relations Observatory (EIRO), 2010
European market
The European market
A 500 million + customer base
40% of the EU GDP
70% of the EU GDP
• Openness for dialogue which implies regular meetings between the government,
employers’ representatives and trade unions.
• Easy access to key authorities and quick decision-making process.