Introduction
In the aftermath of World War II, the Grand Duchy of Luxembourg
("Luxembourg") has seen significant and consistent
economic growth due mostly to its political stability, social
tranquillity, and central location in Europe.
In addition, despite being a small nation, Luxembourg, as one of
the founding member states of the European Union (EU), has actively
participated in its formation, allowing it to be at the forefront
of numerous European reforms, particularly in the financial and
economic sectors
Combined with a business-friendly attitude, Luxembourg became a
leading financial centre in the world. Luxembourg is the largest
financial centre for investment funds in Europe and the second
largest in the world (second only to the United States).