- Chief of State:
- Grand Duke Henri
- Head of Government:
- Prime Minister Xavier Bettel
- Government Name:
- Grand Duchy of Luxembourg
- Adopted: 1868; Articles include information on the state, its territory, the role of the Grand Duke, rights of citizens, sovereign power, chamber of deputies, public force, finances, and general provisions.
- Government Type:
- Constitutional Monarchy
Government Control of Economy
Scale ranks countries on a basis of 1-100, with 100 representing the greatest amount of economic autonomy from government intervention.
Source: Heritage Foundation, http://www.heritage.org/index/heatmap (2015)
Country Risk Rating
|A1||The political and economic situation is very good. A quality business environment has a positive influence on corporate payment behavior. Corporate default probability is very low on average.|
|Main Powers||Election Process||Election Cycle 1|
The Grand Duke appoints prime minister (usually picking the most popular voted candidate) to aid in executory tasks, can dissolve and reinstate the legislative branch. The prime minister is in charge of executory tasks of the government and responsible to the Chamber of Deputies.
The monarchy is hereditary. Following popular elections to the Chamber of Deputies, the leader of the majority party or the leader of the majority coalition usually appointed prime minister by the monarch.
Supreme Court has jurisdiction over all lower courts. The Constitutional Court is in charge of presiding over cases in regards to the constitution.
Judges of both courts appointed by the monarch.
Drafts legislation and creates budgets for the government.
60 members elected by open list proportional representation in multi-member constituencies.
Foreign Policy Trends: Luxembourg has long been a prominent supporter of European political and economic integration. In efforts foreshadowing European integration, Luxembourg and Belgium in 1921 formed the Belgium-Luxembourg Economic Union (BLEU) to create an inter-exchangeable currency and a common customs regime. Luxembourg is a member of the Benelux Economic Union and was one of the founding members of the European Economic Community (now the European Union). It also participates in the Schengen Group, which allows for the free movement of citizens among member states. At the same time, Luxembourgers have consistently recognized the value of a dynamic, transatlantic relationship, and the Grand Duchy traditionally has pursued a pro-NATO, pro-U.S. foreign policy.
Regional Trade Blocs: European Union
Treaties: NATO, Common Security and Defense Policy
International Organization Participation Source: CIA World Factbook
Note: Click table to see details
Environmental Agreements Source: CIA World Factbook
|Air Pollution||Air Pollution-Nitrogen Oxides||Air Pollution-Persistent Organic Pollutants||Air Pollution-Sulfur 85||Air Pollution-Sulfur 94||Air Pollution-Volatile Organic Compounds|
|Biodiversity||Climate Change||Climate Change-Kyoto Protocol||Desertification||Endangered Species||Environmental Modification|
|Hazardous Wastes||Law of the Sea||Marine Dumping||Ozone Layer Protection||Ship Pollution||Tropical Timber 06|
Note: Click table to see details
Tax Information 2
- Tax Authority:
- Ministry of Finance
- Tax Name: