Welcome to theLuxembourg IFC Recruitment site. IFC Recruitment is the dedicated job board serving the offshore and international finance community, giving you up to the minute information on the very latest jobs available.
If you are looking to start a new career or just looking for a change of scene, find your perfect job by searching the latest vacancies within your sector. Simply click on the drop down links on the left hand side of this page and search by geographic region, salary band or job title.
Opportunities are available in Europe, The Caribbean & The Far East.
Is Luxembourg right for you?
The Grand Duchy of Luxembourg, also spelled Luxemborg, 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 enjoys a mild climate, temperatures are continental with winter temperatures as low as -15ºC, while during the summer temperatures can rise to as high as 35ºC.
Population
The total population of the Luxembourg is approximately 480,000.
Political Structure
Luxembourg has a parliamentary form of government with a constitutional monarchy inherited by male-preference primogeniture. Under the constitution of 1868, executive power is exercised by the Grand Duke or Grand Duchess and the cabinet, which consists of a Prime Minister and several other ministers. The Grand Duke has the power to dissolve the legislature and reinstate a new one. However, since 1919, sovereignty has resided with the country. Legislative power is vested in the Chamber of Deputies, a unicameral legislature of sixty members, who are directly elected to five-year terms from four constituencies. A second body, the Council of State, composed of twenty-one ordinary citizens appointed by the Grand Duke, advises the Chamber of Deputies in the drafting of legislation.
Infrastructure and Economy
Luxembourg's stable, high-income economy features moderate growth, low inflation, and low unemployment. The industrial sector, which was dominated until the 1960s by steel, has become increasingly more diversified to include chemicals, rubber, and other products. During the past decades, growth in the financial sector has more than compensated for the decline in steel. Services, especially banking and other financial exports, account for the majority of economic output.
Language
Luxembourgish, German and French are the official languages. English is also widely spoken, and is used daily in commercial transactions.
Currency
Euro(€).
Exchange Control
None.
Law
Civil Law.
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Disclaimer
The materials contained on this web page are provided for general information only and do not constitute any form of legal definition or advice. IFC Recruitment assumes no responsibility for the accuracy of any particular statement and accepts no liability for any loss or damage which may arise from reliance on the information contained on this site.
References
1. Wikipedia profile: Luxembourg
2. CIA World Factbook entry: Luxembourg
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