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Luxembourg

Yearbook 2001

Luxembourg. In September, the L.A. authorities destroyed thousands of banknotes that had been secretly printed for 20 years should the monetary union with Belgium collapse. It revealed Prime Minister Jean-Claude Juncker in December, just before the euro replaced the Belgian franc. Luxembourg had shared currency with the neighboring country since 1921. At one point, in connection with the crisis in exchange rate cooperation ERM in 1993, Luxembourg also threatened to withdraw from the monetary union, Juncker stated.

2001 Luxembourg

According to Countryaah, Luxembourg continued during the year to oppose an EU agreement on cross-border information exchange on foreigners' bank accounts.

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