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Luxembourg is one of the leading financial centres in the EU, together with London and Frankfurt. This was confirmed once again by the latest Global Financial Centres Index (GFCI 22). Climbing by four places, Luxembourg now ranks #14 out of 92 global financial centres overall.

The Luxembourg financial centre scores particularly well in the industry sub-indices ‘Human Capital’ and ‘Government & Regulatory’ (#10/#5).

Categorised as one of two ‘Global Specialists’, alongside Shenzhen, Luxembourg is also one of only two European centres likely to become more significant in the future. ‘Global specialists’ are centres with a special depth in the industry sectors of investment management, banking, insurance, professional services, and government and regulatory.

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ESRIC Start-up Support Programme welcomes the five new ventures

19-09-2023

Launched in 2021, the Luxembourg-based Start-up Support Programme is the first worldwide incubation programme, entirely dedicated to the field of space resources utilisation.
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“Luxembourg exceeds my expectations”

12-09-2023

Korean start-up Posture AI addresses a common health problem: backpain. After developing its artificial intelligence solution using smart posture devices from its base in South Korea, the company has now chosen Luxembourg as its base for targeting the European market and moving forward with the data dimension of its products and services.
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New law introduced in Luxembourg to facilitate the hiring of skilled labour

05-09-2023

The new law simplifies the hiring of non-EU nationals and grants family members of third-country nationals holding a residence permit access to the labour market as soon as they arrive in Luxembourg.
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"Supporting the development of the start-up ecosystem in Luxembourg"

24-08-2023

Minister of the Economy, Franz Fayot, discusses the recent startup roadmap “From Seed to Scale” designed to support the ecosystem's continuous expansion as it navigates a new phase of maturity.
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Inflation in Luxembourg continues to rank among the EU’s lowest

22-08-2023

Luxembourg recorded the second lowest annual inflation rate in the EU, according to the latest July figures shared by the statistical office of the European Union, Eurostat.
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