Luxembourg |
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At a glance
Luxembourg has been a member of the euro area since 1 January 1999. Euro banknotes and coins were introduced on 1 January 2002. Until that date the euro was the official currency but only existed as 'book money'. The euro replaced the Luxembourg franc (LUF) at a conversion rate of EUR 1 = LUF 40.3399
Luxembourg's former Minister for Finance and its current Prime Minister Jean-Claude Juncker was President of the Eurogroup from 1 January 2005 to 21 January 2013.
Luxembourg is represented by Jean-Claude Juncker, Prime Minister, at Euro Summit meetings and by its Minister for Finance, Luc Frieden, at Eurogroup meetings.
- Adoption of the euro: 01/01/1999
- Former currency: Luxembourg franc (EUR 1 = LUF 40.3399 )
- GDP per capita (current prices): €82 700 (2011 - Eurostat)
- Number of votes at the Council of the EU: 4
- Member of the Schengen area: Yes
- Official languages: German (de), French (fr), Luxembourgish (Luxembourgish)
Government
The Grand Duchy of Luxembourg has a hereditary Grand Duke and a unicameral parliamentary system.
The Grand Duke is the head of state and appoints the Prime Minister, who is head of government.
The Parliament is composed of the Chamber of Deputies (Chamber/Abgeordnetenkammer/Chambre des Députés), which has 60 members elected for five years.
Other facts:
- Political system: constitutional monarchy
- Voting age: 18, voting compulsory
- National Day: 23 June (official birthday of the Grand Duke)
Institutions
Contacts
Permanent Representation to the EU
Avenue de Cortenbergh/Kortenberglaan 75
1000 Bruxelles/Brussel
BELGIUM
Tel. +32 27375600
E-mail: bruxelles.rpue@mae.etat.lu
Key facts and figures
- Member of the euro area: since 1 January 1999
- EU accession: 25 March 1957 (EU founding state)
- Capital: Luxembourg
- Population: 524 853 (2012 - Eurostat)
- Area: 2 586 km2
Representatives
|
Euro Summit
Jean-Claude Juncker |
|
Eurogroup
Luc Frieden |