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Places in News: Luxembourg

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Places in News: Luxembourg
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Places in News: Luxembourg

Overview of Luxembourg:

  • It is a small, landlocked country in western Europe,  bordered by Belgium, France, and Germany. It is a prominent financial centre in Europe.
  • Capital: Luxembourg
      • The city is home to the World Heritage site “City of Luxembourg: its Old Quarters and Fortifications”.
  • Language(s): French, German, and Luxembourgish.
  • Currency: euro (€).
  • EU Member State: since 1 January 1958.
  • Schengen: member since 26 March 1995.
  • Geography:
  • Climate: Modified continental with mild winters and cool summers.
  • Elevation: Highest point 559 m (Buurgplaatz); Lowest point 133 m (Moselle River).
  • The Sûre (Sauer) is considered to be the principal river of Luxembourg.
  • It is the world’s only Grand Duchy and has a healthy natural environment.
  • The Kirchberg plateau is home to several European institutions, including the European Stability Mechanism (ESM), the European Investment Bank, the European Court of Justice, and the European Court of Auditors.
  • Luxembourg offers a wide range of leisure, cultural, and sports opportunities. Its vibrant music scene spans classical, jazz, pop, and opera, complemented by diverse concert halls, theatres, museums, and festivals. 
  • The cultural diversity is also evident in its varied restaurants, pubs, cafés, entertainment, and nightlife.
  • Luxembourg’s own high-quality wines are highly esteemed and mostly consumed domestically.

 

Luxembourg map

 

Historical Context:

  • The country has historical roots dating back to the 10th century.
  • History is closely linked with Germany and its neighbouring countries.
  • Despite declaring neutrality, Luxembourg was occupied by Germany during both World Wars.
  • After World War II, Luxembourg abandoned its neutrality and became a strong advocate for international cooperation.
  • The country’s prosperity was originally based on steel manufacturing.
  • With the decline of the steel industry, Luxembourg diversified its economy and is now known as Europe’s leading investment management centre.
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