Luxembourg has long been a prominent supporter of European political and economic integration. Luxembourg is a member of the European Union EU. The U. Luxembourg also purchases U. The country is a major financial center in Europe, and U. Poland is a member country of the Schengen Area since December 21, Its capital is Lisbon and the official language is Portuguese.
Portugal holds 21 seats in the European Parliament and held the revolving presidency of the Council of the EU 3 times between and Portugal is a member country of the Schengen Area since March 26, The Romanians comprise 3. Its capital is Bucharest and the official language is Romanian.
Romania holds 32 seats in the European Parliament and will hold the revolving presidency of the Council of the EU for the first time in Romania is not a member country of the Schengen Area.
Slovaks comprise 2. Its capital is Bratislava and the official language is Slovak. The political system in Slovakia is a parliamentary republic. Slovakia holds 13 seats in the European Parliament and is currently holding the revolving presidency of the Council of the EU for the first time.
Slovakia is also a member state of the Schengen Area since March 26, The Slovenians comprise 0. Its capital is Ljubljana and the official language is Slovenian. Slovenia holds 8 seats in the European Parliament and held the revolving presidency of the Council of the EU once in Slovenia is a member country of the Schengen Area since December 21, Spain is a member country of the EU since January 1, The Spanish comprise 9. Its capital is Madrid. The official language in Spain is Spanish.
Spain holds 54 seats in the European Parliament and held the revolving presidency of the Council of the EU 4 times between and Spain is a member country of the Schengen Area since March 26, The Swedes comprise 1.
Its capital is Stockholm and the official language is Swedish. Sweden holds 20 seats in the European Parliament and held the revolving presidency of the Council of the EU twice, in and Sweden is a member country of the Schengen Area since March 25, The continental territories of the member states of the European Union European Communities pre , animated in order of accession. In , the European Coal and Steel Community began the uniting of European countries economically and politically to gain lasting peace.
This brought a good period for the economy, as the EU countries stopped charging customs duties when trading with each other. In , Denmark, Ireland, and the United Kingdom formally decided to join the European Union, becoming nine member states altogether. The political divisions, during the s, between the east and west Europe finally healed and 10 more new countries joined the EU in , followed by Bulgaria and Romania which joined in In , a financial crisis hits the global economy.
Therefore, the Treaty of Lisbon entered into force in , providing the EU with modern institutions and more efficient working methods. In June , the United Kingdom held a referendum, letting the people decide whether they want to leave or remain in the European Union, after a few years of political debate on the topic.
The small nation is, along with Brussels and Strasbourg, a power center of the European Union's institutions. The European Commission and the Secretariat of the European Parliament also have part of their buildings in the country, while the rest are located in Brussels.
The institutions, along with some big companies, make for an interesting mix of people from all over the world who come together in the tiny nation and ensure the grand duchy is known to at least a few people outside Europe. This partly explains the large number of people from surrounding countries coming to work in Luxembourg on a daily basis but living outside the nation more than , in Other big companies have their corporate headquarters for Europe in Luxembourg because of the tax breaks the country is known for.
If all else failed to convince you, the beautiful landscapes of the Luxembourgish countryside will appeal to your inner hiker. For you. World globe An icon of the world globe, indicating different international options. Get the Insider App. Click here to learn more. A leading-edge research firm focused on digital transformation. Good Subscriber Account active since Shortcuts. Account icon An icon in the shape of a person's head and shoulders.
It often indicates a user profile. Log out. US Markets Loading H M S In the news. Head of state: Grand Duke Henri. The ruling Grand Duke of Luxembourg succeeded to the title in , on the abdication of his father Jean. He had already exercised the constitutional powers of the monarch since He later underwent officer training at Britain's Sandhurst Academy. The head of state's constitutional role is largely ceremonial, and in parliament further restricted it by rescinding the monarch's right to veto legislation.
Prime Minister: Xavier Bettel. Xavier Bettel formed a government in December after snap elections in October at which his Democratic Party, the Socialists and Greens emerged with a small majority over the largest overall group, the conservative Christian Social Party. The vote was called after Jean-Claude Juncker of the Christian Social Party, who had been prime minister since , lost his majority in parliament when the Socialists quit his coalition in July over a phone-tapping scandal.
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