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Luxembourg: The Grand Duchy is still Europe's richest country (Photo: Cesar Poyatos)

Luxembourg still EU's wealthiest, figures show

Luxembourg still has the wealthiest citizens in Europe, according to data released Thursday by Eurostat (12 December).

Data published by the EU's statistical office found that GDP per person in the Grand Duchy in 2012 was more than twice as high as in second-ranked Austria.

For its part, Austria leap-frogged over the Netherlands, which was one of six countries - Finland, France, Italy, Cyprus and Greece being the others - to see a decline in their citizens' purchasing power.

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Author Bio

Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.

Luxembourg: The Grand Duchy is still Europe's richest country (Photo: Cesar Poyatos)

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Author Bio

Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.

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