News & Benchmarks

10.03.2017

Brexit - why Luxembourg can be the next EU finance center

With the U.K. leaving the EU trade bloc, various European countries are eyeing London's spot as the financial center of choice after Brexit.

Luxembourg is one of them.

On a visit to Singapore, Luxembourg's finance minister Pierre Gramegna said the country is already a gateway into Europe and poised for a bigger role.

Read more on CNBC

Watch the video of Pierre Gramegna, Minister of Finance