9I制作厂免费

News

Patrick Augustin sets the record straight about Luxembourg

Published: 15 May 2025

Luxembourg is best known as a wealthy tax haven--if people know it at all. The tiny and wealthy country is a significant financial centre, but it also has the reputation of being a little dull. But Professor of Finance Patrick Augustin begs to differ. 鈥淥f course, it is not comparable to major metropolitan cities like London or New York, but for its size, I think the country punches above its weight in terms of cultural and social activities,鈥 says Augustin, a Luxembourger. 鈥淚 am also proud of our cultural heritage and the country鈥檚 ability to reinvent itself by transitioning from an agricultural economy to an industrial powerhouse and then a global financial centre.鈥

Back to top