Diplomatic representation in the US: chief of mission: Ambassador Alphonse BERNS chancery: 2200 Massachusetts Avenue NW, Washington, DC 20008 telephone: [1] (202) 265-4171 FAX: [1] (202) 328-8270 consulate(s) general: New York and San Francisco

Diplomatic representation from the US: chief of mission: Ambassador Clay CONSTANTINOU embassy: 22 Boulevard Emmanuel-Servais, 2535 Luxembourg City mailing address: American Embassy Luxembourg, Unit 1410, APO AE 09126-1410 (official mail); American Embassy Luxembourg, PSC 9, Box 9500, APO AE 09123 (personal mail) telephone: [352] 46 01 23 FAX: [352] 46 14 01

Flag description: three equal horizontal bands of red (top), white, and light blue; similar to the flag of the Netherlands, which uses a darker blue and is shorter; design was based on the flag of France

@Luxembourg:Economy

Economy-overview: The stable, prosperous economy features moderate growth, low inflation, and low unemployment. Agriculture is based on small family-owned farms. The industrial sector, until recently dominated by steel, has become increasingly more diversified. During the past decades, growth in the financial sector has more than compensated for the decline in steel. Services, especially banking, account for a growing proportion of the economy. Luxembourg participates in an economic union with Belgium on trade and most financial matters, is also closely connected economically to the Netherlands, and, as a member of the EU, enjoys the advantages of the open European market.

GDP: purchasing power parity-$13.48 billion (1997 est.)

GDP-real growth rate: 3.6% (1997 est.)

GDP-per capita: purchasing power parity-$33,700 (1997 est.)

GDP-composition by sector: agriculture: 5% industry: 21% services: 74% (1995)

Inflation rate-consumer price index: 2.3% (1995)