2019 Global Resilience Index rankingPublished by FM Global, the Global Resilience Index is designed to help chief financial officers (CFOs) and other business leaders choose resilience as they manage their own risk and site facilities, extend supply chains and cultivate customers. The index combines 12 core drivers of resilience structured into three main categories:

  • economic (productivity, political risk, oil intensity, urbanisation rate)
  • risk quality (exposure to natural hazards, natural hazard risk quality, fire risk quality, inherent cyber risk)
  • supply chain (control of corruption, quality of infrastructure, corporate governance, supply chain visibility)

The study provides ranked scores for 130 countries and territories around the world. Norway is considered as the most resilient country, before Denmark and Switzerland.

Luxembourg 7th most resilient in the world

Luxembourg is listed as the 7th most resilient country in the world. The country ranks particularly well in the economic sub-category, where it is on 2nd place. It is number 18 in the world in terms of risk quality, and 23rd in the category supply chain.

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Visit the Luxembourg pavilion at the International Cybersecurity Forum in Lille


More than 600 exhibitors will be heading to the 15th edition of the International Cybersecurity Forum in Lille (FIC) from 5 to 7 April 2023. Luxembourg has been present at previous FIC editions and will have a strong presence at the forum this year with approximately 30 companies and research organisations represented at the Luxembourg pavilion.
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University of Luxembourg inaugurates fintech centre of excellence


On 29 March 2023, the University of Luxembourg inaugurated its National Centre of Excellence in Financial Technologies. The interdisciplinary centre will focus on the technological challenges and opportunities of the financial industry.
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Year-on-year inflation lowest in Luxembourg


Luxembourg recorded the lowest annual inflation rate in member states in January 2023, according to the figures published on 23 February by the statistical office of the European Union, Eurostat. The flash estimates for February released on 2 March also show that Luxembourg maintained the eurozone’s lowest inflation record.
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Mission to Latvia presents potential business opportunities


A high-level business delegation comprising of 20 Luxembourg companies participated in the three-day official trade mission to Latvia, where an intensive economic and business programme was unpacked, with over 90 B2B meetings taking place on the side-lines. Luxinnovation’s Head of International Relations, Jenny Hällen Hedberg, underscored the effective collaboration between the organisers of the mission and key areas of interest that were identified as a result of interactions between Luxembourg-Latvian counterparts.
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How to succeed with your expansion into Europe: the experts’ top tips


Some success factors for international companies wanting to expand into the European market are quite obvious: having the right product/market fit and an offering that suits the culture and behaviour of European customers and finding the right business partners, for example. Others are less evident, but can be at least as important. We put together 9 key points from Luxembourg-based experts with decades of experience of advising international businesses about their entry to Europe.
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