Luxembourg
Country
UPDATE 4-Dexia gets state guarantees in topped-up rescue bid...guarantees to 100,000 euros from 20,000 euros now. (Additional reporting by Michele Sinner in Luxembourg and Marcel Michelson in Paris; Writing by Mark John, Paul Taylor and Philip Blenkinsop; Editing by Erica Billingham and David Cowell) In this article: Dexia, Yves Leterme, Didier Reynders, Standard & Poor's, Luxembourg, Belgium, and France |
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Forbes | September 28, 2008
Rumors Shift From Fortis To Dexia - Forbes.com
...that the government was prepared to support Dexia or any other bank in peril. Belgium is already teaming up with the Netherlands and Luxembourg to pool 11.2 billion euros ($16.3 billion) to rescue Fortis (other-otc: FORSY.PK - news -...
In this article: Fortis, Dexia, Ping An Insurance, ABN AMRO, Brussels, Belgium, Netherlands, and Bankruptcy
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Seeking Alpha | September 29, 2008
European Finance Now Under Attack - Seeking Alpha
...began last year. After emergency talks with European Central Bank president Jean-Claude Trichet on Sunday, the Belgian, Dutch and Luxembourg governments agreed to inject 11.2-billion euros (US$16.4-billion) into Fortis in the first...
In this article: Fortis, Alistair Darling, Bradford & Bingley, Glitnir Bank, ABN AMRO, EU, Santander, UK, and United States
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Reuters | October 06, 2008
UPDATE 4-Dexia rescue measures promised after shares dive
...one. Leterme returned to Brussels later on Monday for a cabinet meeting to discuss Dexia, which received a 6.4 billion euro ($8.7 billion) bailout from the Belgian, French and Luxembourg governments and key shareholders last Tuesday.
In this article: Dexia, Didier Reynders, Yves Leterme, Brussels, Nicolas Sarkozy, Fortis, Hypo Real Estate, and BNP Paribas
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Reuters | October 09, 2008
Dexia gets state guarantees in topped-up rescue bid
...the bank. Reynders said Belgium was likely to raise its deposit guarantees to 100,000 euros from 20,000 euros now. Additional reporting by Michele Sinner in Luxembourg, writing by Mark John and Paul Taylor; Editing by Erica Billingham)
In this article: Dexia, Yves Leterme, Didier Reynders, Standard & Poor's, Belgium, and France
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Reuters | October 05, 2008
UPDATE 1-Belgian PM talking to private groups on Fortis
...injection last week in the form of a convertible bond. "We'll see if the Luxembourg government goes further either by converting the bond or by going further and taking a bigger stake. We can keep the Belgo-Luxembourg company together,"...
In this article: Fortis, Yves Leterme, Dexia, Didier Reynders, Belgian television, Depfa, and Belgo
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More on Luxembourg
Description from Wikipedia:
Luxembourg (pronounced: /en-us-Luxembourg.ogg/), officially the Grand Duchy of Luxembourg (Groussherzogtum Lëtzebuerg, Grand-Duché de Luxembourg, German: Großherzogtum Luxemburg), is a small, landlocked country in western Europe, bordered by Belgium, France, and Germany. Luxembourg has a population of under half a million people in an area of approximately 2,586 square kilometres (999 sq mi).
Luxembourg is a parliamentary representative democracy with a constitutional monarch; it is ruled by a Grand Duke. It is the world's only remaining sovereign Grand Duchy. The country has a highly developed economy, with the highest Gross Domestic Product per capita in the world as per IMF and WB. Its historic and strategic importance dates back to its founding as a Roman era fortress site and Frankish count's castle site in the Early Middle Ages. It was an important bastion along the Spanish road when Spain was the principal European power influencing the whole western hemisphere and beyond in the 16th–17th centuries.
Luxembourg is a founding member of the European Union, NATO, OECD, the United Nations, Benelux, and the Western European Union, reflecting the political consensus in favour of economic, political, and military integration. The city of Luxembourg, the capital and largest city, is the seat of several institutions and agencies of the European Union.
- Name:
- Luxembourg
- Conventional Long Name:
- The Grand Duchy of Luxembourg
- Local Name:
- Großherzogtum Luxemburg
- Capital:
- Luxembourg
- Language:
- German, French, Luxembourgish (de jure since 1984)
- Motto:
- "Mir wëlle bleiwe wat mir sinn"
- Largest City:
- Luxembourg
- Government type:
- Parliamentary democracy and Constitutional grand duchy
- Founding Date:
- May 11, 1867
- Formations:
- 1st Treaty of London
- Area:
- 998.6
- GDP (per capita PPP):
- $40.025 billion
- GDP (per capita PPP) Rank:
- 97th
- GDP (nominal):
- $54.973 billion
- GDP (nominal per capita) Rank:
- 1st
- GPD (nominal) Rank:
- 65th
- GDP (nominal per capita):
- $113,044
- Time Zone:
- CET
- Currency:
- Euro (€)
- Demonym:
- Luxembourgers
- Drives On:
- right
- Currency (code):
- EUR
- Country Calling Code:
- 352
- ccTLD:
- .lu
- EU Accession:
- March 25, 1957
- Anthem:
- De Wilhelmus
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