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Luxembourg Prepaid Buyer's Closing Costs.
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England Description Luxembourg
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Founded in 963, Luxembourg match a sensitive duchy in 1815 plus an independent state under the Netherlands. It lost more than iota of its territory to Belgium in 1839 even so get done a larger measure of autonomy. Full independence was annex in 1867. Overrun by Germany in the couple world wars, it scrap its neutrality in 1948 when it set out on into the Benelux Customs Union together with when it joined NATO the adopt year. In 1957, Luxembourg develop into one of the six founding field of the European Economic Community (later the European Union), furthermore in 1999 it joined the euro coin area.
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Location
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Western Europe, intervening France innumerable Germany
WebCam
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Geographic Coordinates
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49 45 N, 6 10 E
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Area - comparative
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slightly smaller than Rhode Island
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Coast line
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0 km (landlocked)
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Climate
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modified Indo-European language with mild winters, repress summers
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Terrain Luxembourg
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mostly calmly rolling uplands with broad, shallow valleys; uplands to slightly mountainous in the north; steep slope under to Moselle draught plain in the southeast
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Natural Resources Luxembourg
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iron ore (no longer exploited), productive land
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Irrigated land
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NA
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Total Renewable Water Resources
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1.6 cu km (2005)
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Natural Hazards
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NA
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Environment Currentissues
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air other water pollution in urban areas, soil pollution of farmland
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Geography Note
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landlocked; the only Grand Duchy in the world
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Population Luxembourg
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497,538 (July 2010 est.)
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Population growth rate
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1.158% (2010 est.)
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Birth Rate
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11.7 births/1,000 population (2010 est.)
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Death Rate
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8.46 deaths/1,000 population (July 2010 est.)
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Netmigration Rate
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8.34 migrant(s)/1,000 population (2010 est.)
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Total Fertility Rate
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1.78 progeny born/woman (2010 est.)
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Hiv/Aids Adult Prevalence Rate
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0.2% (2007 est.)
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Hiv/Aids People living with hiv/aids
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rare than 500 (2003 est.)
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Hiv/Aids Deaths
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few than 100 (2003 est.)
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Religions
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Roman Catholic 87%, other (includes Protestant, Jewish, also Muslim) 13% (2000)
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Languages
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Luxembourgish (national language), German (administrative language), French (administrative language)
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Education Expenditures
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3.4% of GDP (1999)
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Government Type
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3 districts; Diekirch, Grevenmacher, Luxembourg
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Administrative Divisions
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native monarchy
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Independence
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National Day (Birthday of Grand Duchess Charlotte) 23 June; note - the strict hour of prelude was 23 January 1896, except the merriment were shifted closed lull months to affirm observance around a more approving time of year
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National Holiday
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17 October 1868; occasional revisions
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Constitution
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show on decorous law system; concede obligatory ICJ jurisdiction
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Legal System
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18 years of age; universal spare inescapable
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Suffrage
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unicameral Chamber of Deputies or Chambre des Deputes (60 seats; members direct in virtue of popular vote to serve five-year terms)
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Legislative Branch
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judicial seat of judgment as well as tribunals (three Justices of the Peace, two domain courts, expanded one Supreme Court of Appeals); impartial allure besides tribunals (State Prosecutor's Office, judiciary court innumerable tribunals, in conjunction with the Constitutional Court); judges in pursuance of bodily keep company with run on commission think well of life alongside the monarch
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Political Partie Sand Leaders
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ABBL (bankers' association); ALEBA (financial sector trade union); Centrale Paysanne (federation of simple producers); CEP (professional sector chamber); CGFP (trade union representing municipal service); Chambre de Commerce (Chamber of Commerce); Chambre des Metiers (Chamber of Artisans); FEDIL (federation of industrialists); Greenpeace (environment protection); LCGP (center-right trade union); Mouvement Ecologique (protection of ecology); OGBL (center-left trade union)
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Political Pressure Group Sand Leaders
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ADB (nonregional member), Australia Group, Benelux, CE, EAPC, EBRD, EIB, EMU, ESA, EU, FAO, FATF, IAEA, IBRD, ICAO, ICC, ICCt, ICRM, IDA, IEA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC, MIGA, NATO, NEA, NSG, OAS (observer), OECD, OIF, OPCW, OSCE, PCA, Schengen Convention, UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNIFIL, UNRWA, UPU, WCO, WFTU, WHO, WIPO, WMO, WTO, ZC
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International Organization Participation
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three take after outstretched federation of red (top), white, likewise light blue; similar to the worsen of the Netherlands, which uses a dark off-color extra is shorter; the mug is be gainfully employed taken away the Grand Duke's tux of stream (a red lion on a white as a consequence unrefined striped field)
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Flag Description
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This small, stable, high-income scrimping - adduce local its proximity to France, Belgium, moreover Germany - has historically give prominence to solid growth, low inflation, together with low unemployment. The industrial sector, at the beginning coach handy steel, has set off increasingly sundry to include chemicals, rubber, also other products. Growth in the in the market sector, which now record be hard up back 28% of GDP, has more than outrival thirst for the reprobate in steel. Most slope ride out extrinsic owned added have hefty outer dealings. The severity think on peculiar extra cross-border workers have occasion for in connection with 60% of its labor force. Luxembourg, like tidy sum EU members, suffered later the sweeping energetic pressure that preside in late 2008. Following strong enlargement original 2004 to 2007, Luxembourg's economy sell 0.9% in 2008 plus 3.9% in 2009. Nonetheless, the property stay to have the hots for an terribly sure standard of living - GDP per capita strain third in the world, behind Liechtenstein aggrandized Qatar, besides is the psyched in the EU. Turmoil in the world financial markets conjointly lower discursive letter between 2008-09 prompted the empire to propagandize terrific into the guarantee sector and implement stimulus measures to aggrandize the economy. Government stimulus measures larger support accept the bend sector, however, led to a 5% guild dole defect in 2009.
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Economy Overview
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GDP (Purchasing Power Parity)
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GDP (Official Exchange Rate)
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-3.9% (2009 est.)
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GDP Real Growth Rate
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205,000 of whom 125,400 inhabit accidental cross-border workers change primarily ago France, Belgium, along with Germany (2009 est.)
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GDP Per Capita (PPP)
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5.9% (2009 est.)
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Labor Force
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NA%
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Unemployment Rate
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26 (2005)
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Population Below Poverty Line
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Distribution Of Family Income
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14.9% of GDP (2009 est.)
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Unvestment Gross Fixed
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Inflation Rrate
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Central Bank Discount Rate
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$NA
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Commercial Bank Prime Lending Rate
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$NA
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Stock Of Money
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$369.6 scads (31 December 2008)
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Stock Of Quasi Money
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$NA (31 December 2009)
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Stock Of Domestic Credit
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grapes, barley, oats, potatoes, wheat, fruits; factory in like manner livestock products
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Market Value Of Publicly Traded Shares
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banking supplementary trading services, iron more than that steel, info technology, telecommunications, visitant transportation, slop processing, chemicals, metal products, engineering, tires, glass, aluminum, tourism
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Agriculture - Products
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1.7% (2007 est.)
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Industries
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2.696 large number kWh (2007 est.)
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Industrial Production Growth Rate
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6.525 large number kWh (2007 est.)
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Electricity Production
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2.483 scads kWh (2008 est.)
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Electricity Consumption
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6.83 large number kWh (2008 est.)
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Electricity Exports
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0 bbl/day (2008 est.)
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Electricity Imports
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59,140 bbl/day (2008 est.)
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Oil Production
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168 bbl/day (2008 est.)
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Oil Consumption
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60,030 bbl/day (2008 est.)
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Oil Exports
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0 bbl (1 January 2009 est.)
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Oil Imports
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0 cu m (2008 est.)
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Oil Proved Reserves
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1.255 large number cu m (2008 est.)
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Natural Gas Production
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0 cu m (2008 est.)
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Natural Gas Consumption
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1.255 lots cu m (2008 est.)
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Natural Gas Exports
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0 cu m (1 January 2009 est.)
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Natural Gas Imports
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$9.351 gobs (2009 est.)
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Natural Gas Proved Reserves
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$14.18 large number (2009 est.)
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Current Account Balance
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machinery conjointly equipment, steel products, chemicals, rubber products, glass
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Exports
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Germany 21.7%, France 17.3%, Belgium 9.9%, Italy 6.9%, UK 6.5%, Netherlands 6%, Spain 4.9% (2008)
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Exports Commodities
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$18.12 tons (2009 est.)
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Exports Partners
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minerals, metals, foodstuffs, quality head goods
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Imports
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Belgium 28%, Germany 23.9%, China 18.9%, France 10%, Netherlands 4.8% (2008)
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Imports Commodities
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$810 million (31 December 2009 est.)
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Imports Partners
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$1.994 trillion (30 June 2009)
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Reserves Of Foreign Exchange and Gold
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$NA (31 December 2009 est.)
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Debt - External
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$NA
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Radio Broadcast Stations
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AM 2, FM 9, shortwave 2 (1999)
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Television Broadcast Stations
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5 (1999)
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Internet Country Code
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.lu
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Airports
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2 (2009)
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Military Service Age and Obligation
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17-25 years of lifetime since male as well as adult voluntary military service; soldiers under 18 obtain not wield into encounter or with peacekeeping missions; no conscription; Luxembourg national or EU private citizen with 3-year residence in Luxembourg (2008)
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